History
Companies, products and programmes that closed, were acquired or became part of the record
2020s3
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
RTDF local-government broadband programme Rural broadband expansion projects financed from the Rural Telecommunications Development Fund and implemented through local governments under a cabinet decision of 11 February 2021. The regulator stopped expansion in March 2026 after more than Rs 410 million had been spent. | Programme | Discontinued | 2021–2026 | — |
Adex International Cloud, AWS consulting and DevOps services startup founded 2020 by Saurabh Subedi and Projwal Sharma (operations began mid-2022); acquired in August 2025 by US firm TechBay Digital at a reported valuation of USD 2.4 million. | Company | Acquired | 2020–2025 | TechBay Digital (US) |
Smart Telecom (Smart Cell) Private mobile operator (brand Smart Cell). NTA revoked its licence over unpaid dues in April 2023 and the state took control of its assets; a bank-led auction of pledged assets later won by Ncell Axiata is disputed and under prosecution. | Company | Closed | 2008–2023 | Government of Nepal (via NTA asset management) |
2010s1
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
WorldLink Technologies Kathmandu software/IT services company serving government, public-sector and BFSI customers. Acquired by Atlanta-based Software Paradigms International (SPI) in May 2011 and combined into a new organisation named SPI Nepal. | Company | Acquired | –2011 | SPI Nepal (Software Paradigms International Group LLC) |
2000s1
| Entry | Kind | Outcome | Years | Now |
|---|---|---|---|---|
Nepal Telecommunications Corporation State-owned telecom corporation formally established under the Communications Corporation Act; transformed into the company Nepal Doorsanchar Company Limited (NDCL) from Baisakh 1, 2061 BS, trading publicly as Nepal Telecom. | Company | Rebranded | –2004 | Nepal Telecom |
Date not recorded2
| Entry | Kind | Outcome | Years |
|---|---|---|---|
EkGhanti Services Offers omnichannel telephony and call-centre solutions and missed-call banking services. Swift Technology, a fintech subsidiary of IME Group, bought a majority stake for an undisclosed sum (announced 31 March 2022). | Company | Acquired | 2017– |
Naamche AI/ML and software development company acquired by Nasdaq-listed reAlpha Tech Corp. | Company | Acquired | — |