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Increasing operational cost hurts Nepal Telecom profit

Increasing operational cost hurts Nepal Telecom profit

Increasing operation cost and investment in infastructure pulled the profit of the Nepal Telecom (NT) down. The NT has posted a net profit of Rs 10.77 billion — only Rs 600 million more compared with a fiscal year ago — during the fiscal year 2009-10. It had registered a net profit of Rs 10.17 billion during the fiscal year 2008-09. “Due to huge…
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