Ncell Contributed $692 million to Nepal’s GDP in 2017: Axiata

According to the annual report published by Axiata, Ncell has contributed $692 million to the Gross Domestic Product (GDP) of Nepal in 2017.

According to Axiata’s report, the estimated contribution of Ncell to Nepal’s economy is $692 million, which is 2.8% of the total GDP of Nepal.
According to the Sustainability and National Contribution Report 2017 published by Axiata, in 2017, Ncell has paid $277 million in the taxes to the government. The company has claimed that it amounted to 4.5% of the total taxes collected by the government in the same year.
Also, the customer base of Ncell increased by 10% in 2017, making the numbers rise to 16.4 million.

The contribution of other telecom companies including that of Nepal Telecom (NT) to the national GDP is not clear.
Nepal Telecommunications Authority has been carrying out a study to calculate the contribution of telecom sectors to Nepal’s economy.