NTC meaning in Business ?

Answer: What is Nepal Telecommunications Corporation mean?

Nepal Doorsanchar Company Ltd. (Nepali: नेपाल दूरसञ्चार कम्पनी लिमिटेड), popularly known as Nepal Telecom (Nepali: नेपाल टेलिकम) or NTC is a state-owned telecommunication service provider in Nepal with 91.49% of the government share. The company was a monopoly until 2003 when the first private sector operator United Telecom Limited(UTL) started providing basic telephony services. The central office of Nepal Telecom is located at Bhadrakali Plaza, Kathmandu. It has branches, exchanges and other offices in 184 locations within the country.

It is the sole provider of fixed-line, ISDN and leased-line services in Nepal. Following the entry of Ncell (previously called Mero Mobile) into Nepal's telecommunications industry in 2005, it is no longer the only provider of GSM mobile service. With more than 5,400 employees, it is one of the largest corporations of Nepal. It has a total of 262 telephone exchanges in various parts of the country serving 603,291 PSTN lines, more than 5 million GSM cellular phones and more than a million CDMA phone lines as of July 2011.

According to recent data, there are about 20 million users of Nepal Telecom including all those of fixed landline, GSM mobile, CDMA and internet service. Nepal Telecom Launched 4G LTE Service on 1 January 2017. It is the first operator to provide 4G LTE service in Nepal on a technology-neutral frequency band of 1800 MHz as standard for 4G in Nepal. Till the date, 4G is available in all of the seven provinces present in Nepal. In July 2019, Nepal Telecom had successfully tested VoLTE service for the first time in Nepal and is available for users starting May 17, 2021. According to the MIS report published by Nepal Telecommunication Authority in April 2019, Nepal Telecom had the largest cable internet subscribers of hovering 211,513 covering 84% of all the cable internet market. Similarly, Nepal Telecom being a sole provider of WiMAX, had 87,977 subscribers by the end of April 2019. On 2 October 2019, Nepal Telecom expanded their 4G service to 60 cities of 37 districts, which was inaugurated by Prime Minister KP Sharma Oli.

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