Smart Telecom Collapses, Causing Rs 30 Billion State Loss Amidst License Reinstatement Controversy
Smart Telecom, once Nepal's third-largest telecom provider, has collapsed, resulting in a state loss exceeding 30 billion rupees. The government, led by then-Prime Minister KP Sharma Oli, controversially reinstated the company's revoked license in January 2020, despite significant unpaid dues, leading to this unprecedented financial crisis in the telecommunications sector.
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4 days ago