Ncell Proposes Increased Nepali Ownership to Resolve Shareholding Dispute

Ncell has presented a new proposal to the Nepali government aimed at resolving its long-standing shareholding dispute. The core of the proposal involves a commitment to significantly increase Nepali ownership within the telecommunications giant. This move signals a strategic shift by Ncell to align with national interests and regulatory expectations. If accepted, the resolution could enhance national stability by settling a contentious corporate issue that has often sparked public debate. Furthermore, it sets a precedent for foreign direct investment in Nepal, emphasizing local participation and potentially strengthening democratic oversight in key economic sectors.

• Ncell pledges increased local ownership in bid to resolve dispute with government, signaling a shift in foreign investment dynamics.