Nepal Telecom Reports Rise in Profit and Revenue in Q3 of FY 2082/83

Nepal Telecom reported an improvement in revenue and profit for the third quarter of FY 2082/83, with operating income increasing by 2.42% and net profit rising by 9.85% year-on-year. The company attributes this growth to higher operating income and improved cost management, despite a decline in financial income. Challenges from OTT platforms affecting voice service revenues are being addressed by migrating users to fiber services and expanding 4G LTE coverage.