Ecuadorian state-owned telco Comision Nacional de Telecomunicaciones (CNT) has reportedly set a total budget of USD437 million for developing its fixed and mobile network infrastructure this year, reports RapidTVNews. CNT’s main objectives are the expansion of its fixed broadband network as well as its HSPA+ and LTE mobile networks, in addition to DTH satellite services. CNT aims to continue improving fibre-optic network coverage and Wi-Fi access in remote areas of the country. Since the former public companies Andinatel and Pacifictel were merged into CNT six years ago, the state has invested more than USD1.2 billion in telecommunications. TeleGeography’s CommsUpdate reported in January that CNT was investing USD30 million in the initial launch phase of its LTE service, with a commercial launch expected around mid-year.