Ecuador still looking for fixed line partner

24 Nov 2004

Ecuador’s government is setting up a commission to find an international telecoms partner to help run the country’s two state-controlled fixed line telcos, Andinatel and Pacifictel. According to BNamericas.com, the country’s telecoms regulator Conatel is currently working with the ITU and the government holding company Fondo de Solidaridad (FS) to look for a management unit for the two operators. An earlier selection process attracted seven bidders, but the final candidate – the Eurocom consortium, which included Norwegian company Telenor – did not meet the required criteria. The management company will be expected to invest USD120 million in the two operators, with three-quarters of this going to Pacifictel.