Who is the owner of NTC?
2 Answers
The **Nepal Telecommunications Corporation (NTC)** is owned by the **Government of Nepal**. NTC, which is the national telecommunications service provider in Nepal, operates under the Ministry of Communications and Information Technology. The government holds a majority stake in NTC, and the corporation is responsible for providing various telecommunications services, including landline, mobile, internet, and broadband services in Nepal.
In 2004, NTC was restructured into a public limited company, but the majority ownership remained with the government, and it continues to play a significant role in the country’s telecommunications sector. The company is now a state-owned enterprise.
In 2004, NTC was restructured into a public limited company, but the majority ownership remained with the government, and it continues to play a significant role in the country’s telecommunications sector. The company is now a state-owned enterprise.
The owner of **Nepal Telecom (NTC)** is the **Government of Nepal**. Specifically, the government holds the majority stake in the company, making it a state-owned enterprise. Nepal Telecom was established in 2004 as a public company, transitioning from its earlier form as the **Nepal Telecommunications Corporation**, which was set up in 1975.
### Ownership Structure
Nepal Telecom's ownership is structured as follows:
1. **Government of Nepal**: The government owns approximately **91.49%** of the shares, maintaining majority control and oversight over the company's operations.
2. **Public Shareholders**: The remaining **8.51%** of the shares are held by private investors, including individual shareholders and institutions. These shares are publicly traded on the Nepal Stock Exchange (NEPSE).
### Role of the Government
As the major stakeholder, the Government of Nepal influences key decisions, policies, and strategies of Nepal Telecom. The company operates under the regulatory framework set by the **Nepal Telecommunications Authority (NTA)** and provides essential telecommunications services like mobile, fixed-line, internet, and other digital services across the country.
This structure ensures that NTC serves both as a commercial entity and as a provider of public services, aiming to enhance connectivity and bridge the digital divide in Nepal.
### Ownership Structure
Nepal Telecom's ownership is structured as follows:
1. **Government of Nepal**: The government owns approximately **91.49%** of the shares, maintaining majority control and oversight over the company's operations.
2. **Public Shareholders**: The remaining **8.51%** of the shares are held by private investors, including individual shareholders and institutions. These shares are publicly traded on the Nepal Stock Exchange (NEPSE).
### Role of the Government
As the major stakeholder, the Government of Nepal influences key decisions, policies, and strategies of Nepal Telecom. The company operates under the regulatory framework set by the **Nepal Telecommunications Authority (NTA)** and provides essential telecommunications services like mobile, fixed-line, internet, and other digital services across the country.
This structure ensures that NTC serves both as a commercial entity and as a provider of public services, aiming to enhance connectivity and bridge the digital divide in Nepal.