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Chaudhary Group owned by Mr. Binod Chaudhary, the richest man of Nepal has launched Fiber Internet Service in Nepal. Chaudhary Group had already established CG Telecom to roll out affordable mobile services in the country. As they could not get the unified license to operate the mobile networks and basic telephony service, they now foray into this internet service. CG Telecom Fiber Internet Service has now launched in Kathmandu in the name of CG Net which is likely to grasp the market that is already held by other ISPs like Nepal Telecom, Worldink, Subisu, and Vianet.
The current internet plan of CG Net is 120 Mbps (the fastest internet among all ISPs in Nepal at the lowest price) that will suit the internet requirement of family members for work from home, multimedia streaming, Study from home, online meetings, etc.
CG had already announced the construction of necessary infrastructure with the objective of aggressively asserting its presence in the market. Furthermore, they had started to build a data center in Satungal, Kathmandu, which enabled operating internet services via fiber.
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Now after building the necessary infrastructure, CG has brought the fiber internet into operation in some places inside Kathmandu Valley. In the first phase, it is available in Jawalakhel, Jhamsikhel, Bhanimandal, and Ekantakuna and is being expanded to more areas.
In a matter of 12 months, CG Net will expand to all places of Kathmandu valley. The company has established the customer center in the CG digital branches at Jawalakhel, Kumaripati, Kirtipur, Nayabazar, Minbhawan, Trade Tower (Thapathali). Find more availability info here.
As known, they will introduce more services in the same fiber later with IPTV, Video OTT service, and many more. The ISP has made use of Nokia’s GPON equipment for the internet infrastructure.
With the first launch, CG Telecom has brought CG net fiber with a speed of 120 Mbps which is for the first time in Nepal. The price of the CG net fiber is Rs 999 for a month. It seems like a promotional offer for now which also provides free installation and free drop wire charge. Whereas you need to pay for the wireless router which you can choose between single-band or dual-band.
The cost of the wireless router decreases as you subscribe for 3 months, 6 months whereas it comes free with 12 months subscription. Finally, there is a refundable deposit of Rs 500 for the registration.
|CG net Internet||Per month||3 months||6 months||12 months|
|120 Mbps||Rs 999||Rs 2,997||Rs 5,994||Rs 11,988|
|Single-band router||Rs 2500||Rs 2000||Rs 1500||Free|
|Dual-band router||Rs 3500||Rs 3000||Rs 2500||Free|
In the first phase, the CG net fiber service was available in the limited areas of Lalitpur which are in Jawalakhel, Jhamsikhel, Ekantakuna, Bhanimandal. Then it got expanded to Kalanki, Kuleshwor, Kalimati, Tripureshwor area. Now it is also available in Kupondole, Sanepa, Gusingal, Jwagal, Chakupat, Chayasal, Balkumari (Inside Ring Road). We can expect them to launch the fiber internet in other parts of the Kathmandu valley soon.
You can contact CG Telecom for the subscription of CG Net fiber at the available places: 9880588888, +977-1-5111033.
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CG Telecom tried its best effort to obtain a unified license for a long time to operate mobile as well as basic telephony services. They had also announced to have inked a deal with Huawei to launch 4G services in the country. As they could not get the license, CG switched its focus towards CG Telecom Fiber Internet service. CG has already obtained a license from the Nepal Telecommunication Authority (NTA) for importing bandwidth as well as operating network services.
Furthermore, the company has already set its sight on aggressively offering 5G Services after obtaining a license to operate basic telecommunication services. The current construction of the data center and optical fiber networks will also aid in its 5G vision later. For now, they are mainly into Fiber to the home (FTTH) service.
Similarly, CG Telecom is now registered as a Public Limited Company. Therefore, it will offer its share to the general public. Its stock can be acquired privately through IPO or via Stock Market sooner.
According to the General Manager Of the company, Mr. Madhusudan Poudel, the private operating company will now operate as CG Communications Limited. Nonetheless, the company recently completed all of the works to change its name from the company registrar’s office.
Similarly, they informed the regulatory body about the name change. However, CG has been waiting for the approval of the GSM mobile service for a long time. Although there was no positive result for the company, we can expect new decisions to be taken in favor of the company with the current political developmentement. CG claims to provide data as well as call services at cheap rates if the company gets a license. To fulfill their obligation with the large investment required, they might have turned themselves to a public company limited.
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If CG Telecom expands its Fiber Internet Service at a rapid pace and maintains the cheap rates then it will surely give some competition to other ISPs. This will force other ISPs to lower down their price as well. The scenario will be similar to the scenario that Jio created in India. However, it will directly benefit all Nepalese with internet service at cheap rates as well as by creating more job opportunities.
Dish Home and Prabhu Net have also rolled out Fiber internet service in some parts of the capital. We can expect the same kind of pace from CG in expanding the fiber network and distributing the service to people.
So, will you leave your current ISP for cheap CG Telecom Fiber Internet Service? Will you use CG Net Fiber Service or stick with your current ISP? Tell us your answer in the comment box down below, we love to hear it as always. Thank You!