Andinatel and Pacifictel complete merger to create national state telco CNT

4 Nov 2008

Ecuadorian state-owned regional fixed line operators Andinatel and Pacifictel have completed their merger to create a new telco called Corporacion Nacional de Telecomunicaciones (CNT) with nationwide coverage, writes BNamericas. According to the country’s telecoms supervisory body Supertel, Andinatel, which served northern and eastern provinces, had 986,834 subscribers at the end of August, and Pacifictel had a subscriber base of 708,763 in southern and western provinces at the same date, giving the merged entity 1.7 million lines in service. National fixed telephony penetration was 13.3% at the end of August, according to Supertel, and the newly launched CNT has been tasked with increasing this figure as well as expanding broadband services, for which it has budgeted USD900 million over the next two years. The new state telco is headed by former Andinatel president and CEO Cesar Regalado.