Ernst & Young selected to advise on CNT concession

18 Dec 2019

Ecuador’s state-owned operator Corporacion Nacional de Telecomunicaciones (CNT) has announced that international business consultancy Ernst & Young (EY) has been awarded the contract to provide advisory services as part of the process to find a private sector partner to assume day-to-day operation control of the telco. The process of transferring management of CNT to a private operator will be carried out in two stages, the first of which will see EY recommend a new business model designed to ensure the company’s financial sustainability and future growth. It will then proceed to establish a competitive tendering process and help assess potential partners.

Ecuador, Corporacion Nacional de Telecomunicaciones (CNT)