Kathmandu : Nepal Telecom Authority has scrapped the license of Hello Nepal, a telecom service provider company.
Authority Spokesperson, Min Prasad Aryal, said that the Authority scrapped the license after Hello Nepal failed not pays its arrears to the Authority.
He said, ‘We asked the Hello Nepal to pay Rs 70 million arrears as first tranche till August 18. The Authority scrapped the license after it failed to pay the arrears.” Owner os this company is well known entrepreneur Ajay Sumargi.
The Hello Nepal has to pay around 799 million arrears to the Authority. A board meeting of Authority held on August 2 had asked Hello Nepal to pay Rs 70 million arrears till August 18 and remaining amount within three months.