April 17, Kathmandu – The government has brought the property of Smart Telecom under the control of the government for non-payment of license and service operation arrears.

After Smart Telecom’s license was canceled due to non-payment of arrears, the board meeting of the regulatory body Nepal Telecommunication Authority decided to bring Smart Telecom’s property under the ownership of the government. According to the Telecommunication Authority, Smart Telecom did not pay 4 billion 19 million rupees in arrears until the financial year 2075/76 and did not show any account for the next 3 years.

Earlier, the authority had decided to cancel the license of Smart Telecom on Shrawan 13, 2076 BS for non-payment of dues.