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May 27, 2015 11:29 PM ET

Wireless Telecommunication Services

Company Overview of Ncell Private Limited

Company Overview

Ncell Private Limited provides mobile communication services to individual customers and companies in Nepal. It offers prepaid and pro plans, messaging, Internet access services, entertainment, video call, call forwarding, call waiting, missed call notification, voice mail, and conference call services. Ncell Private Limited was formerly known as Spice Nepal Private Ltd. and changed its name to Ncell Private Limited in March 2010. The company was founded in 2004 and is based in Kathmandu, Nepal. As of December 6, 2010, Ncell Private Limited operates as a subsidiary of TeliaSonera Aktiebolag (publ).

Krishna Tower

New Baneshwor

Kathmandu,  10


Founded in 2004


977 980 555 4444


977 980 555 4544

Key Executives for Ncell Private Limited

Security and Administration Director
Corporate Communication Director
Compensation as of Fiscal Year 2014.

Ncell Private Limited Key Developments

Ncell Reports Earnings Results for the First Quarter of 2015

Ncell reported earnings results for the first quarter of 2015. For the quarter, the company recorded net sales of SEK 1.13 billion, up 44.9% from SEK 780 million in the year-ago quarter. EBITDA jumped by 41.4% to SEK 681 million, but the EBITDA margin decreased to 60.3% from 61.8% a year earlier, due to higher interconnect costs.

Ncell Private Limited Reports Audited Earnings Results for the Year Ended December 31, 2014

Ncell Private Limited reported audited earnings results for the year ended December 31, 2014. For the year, the company reported net sales of SEK 3,593 million against SEK 3,018 million a year ago. Net income was SEK 1,248 million against SEK 1,140 million a year ago. Net income allocated to NCI was SEK 245 million against SEK 224 million a year ago. Cash flow from operating activities was SEK 1,837 million against SEK 1,954 million a year ago. Free cash flow was SEK 1,141 million against SEK 937 million a year ago.

Ncell Opens New Sales Office in Baglung District

Ncell has opened a new sales office in Baglung district. The new facility will enable customers to buy new SIM cards and access services such as SIM replacement, MMS settings, international roaming, call details, balance transfer, bill payments and corporate services, among others. Ncell Centres are present in seven different areas inside Kathmandu valley such as New Baneshwor, New Road, Kalanki, Maharajgunj, Chabahil (MitraPark), Kumaripati and Durbar Marg. Ncell ended 2014 with nearly 12.1 million mobile customers.

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