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Nepal Telecom to launch 30 per cent IPO

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Kathmandu. The government has announced to sell 20 percent stake in Nepal Telecom. Finance Minister Bishnu Prasad Poudel, in his budget statement for the upcoming fiscal year 2020/21, announced that an additional 20 per cent shares would be issued to the general public. It has also been announced from the budget to bring a strategy for institutional strengthening of the company.

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