0000909518-01-500342.txt : 20011018
0000909518-01-500342.hdr.sgml : 20011018
ACCESSION NUMBER: 0000909518-01-500342
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011010
GROUP MEMBERS: BELL ATLANTIC LATIN AMERICA HOLDINGS, INC.
GROUP MEMBERS: BELL ATLANTIC NEW HOLDINGS, INC.
GROUP MEMBERS: GTE CORPORATION
GROUP MEMBERS: GTE INTERNATIONAL TELECOMMUNICATIONS INC.
GROUP MEMBERS: GTE VENEZUELA INC.
GROUP MEMBERS: GTE VENEZUELA S.A.R.L.
GROUP MEMBERS: GTE VENHOLDINGS B.V.
GROUP MEMBERS: VERIZON INTERNATIONAL HOLDINGS LTD.
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: NATIONAL TELEPHONE CO OF VENEZUELA
CENTRAL INDEX KEY: 0001025862
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-47557
FILM NUMBER: 1756452
BUSINESS ADDRESS:
STREET 1: EDIFICIO CANT PRIMER PISO
STREET 2: AVENIDA LIBERTADOR
CITY: CARACAS VENEZUELA
STATE: X5
BUSINESS PHONE: 5825006800
MAIL ADDRESS:
STREET 1: MILBANK TWEED HADLEY & MCCLOY
STREET 2: 1 CHASE MANHATTAN PLAZA
CITY: NEW YORK
STATE: NY
ZIP: 10005
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: VERIZON COMMUNICATIONS INC
CENTRAL INDEX KEY: 0000732712
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 232259884
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: 1095 AVE OF THE AMERICAS
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 2123952121
MAIL ADDRESS:
STREET 1: 1717 ARCH ST 47TH FL
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
FORMER COMPANY:
FORMER CONFORMED NAME: BELL ATLANTIC CORP
DATE OF NAME CHANGE: 19920703
SC 13D
1
a10-10sc13da4.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------------
SCHEDULE 13D
(rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 4)
COMPANIA ANONIMA NACIONAL TELEFONOS DE VENEZUELA (CANTV)
--------------------------------------------------------------------------------
(Name of Issuer)
NATIONAL TELEPHONE COMPANY OF VENEZUELA (CANTV)
--------------------------------------------------------------------------------
(Translation of Name of Issuer into English)
CLASS D COMMON SHARES,
NOMINAL VALUE Bs. 36.90182224915 PER SHARE (the "Class D Shares")
AMERICAN DEPOSITARY SHARES EACH REPRESENTING
SEVEN CLASS D SHARES (the "ADSs")
--------------------------------------------------------------------------------
(Title of Class of Securities)
P3055Q103 (Class D Shares); 204421101 (ADSs)
--------------------------------------------------------------------------------
(CUSIP Number)
Marianne Drost
Senior Vice President, Deputy
General Counsel and Corporate Secretary
Verizon Communications Inc.
1095 Avenue of the Americas
New York, New York 10036
(212) 395-1783
--------------------------------------------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
October 9, 2001
--------------------------------------------------------------------------------
(Date of event which requires filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box. [ ]
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 2 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Verizon Communications Inc.
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares:
ADSs: 4,706,547
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
2
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 3 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
GTE Corporation
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of New York
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
3
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 4 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
GTE International Telecommunications Incorporated
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
4
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 5 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
GTE Venezuela Incorporated
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
5
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 6 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Bell Atlantic Latin America Holdings, Inc.
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
6
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 7 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Bell Atlantic New Holdings, Inc.
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
7
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 8 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
Verizon International Holdings Ltd.
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
8
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 9 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
GTE Venezuela S.a.r.l.
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
9
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 10 of 23 Pages
204429101 (ADSs)
------------------------------------------------------ --------------------------------
========= =============================================================================================================
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
GTE Venholdings B.V.
--------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
[ ]
--------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands
-------------------------------------------- ------- ------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF Class D Shares: 32,945,829*
SHARES ADSs: 4,706,547
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 32,945,829*
ADSs: 4,706,547
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 32,945,829*
ADSs: 4,706,547
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
8.2% (the 4,706,547 ADSs represent 32,945,829 Class D Shares, which
represent approximately 8.2% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,706,547 ADSs represent 32,945,829 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 32,945,829 Class D Shares.
10
-------------------------------------------------------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 11 of 23 Pages
204429101 (ADSs)
-------------------------------------------------------------------------------
This is the fourth amendment ("Amendment No. 4") to the Statement on
Schedule 13D originally filed by GTE Corporation and GTE Venezuela Incorporated
on December 9, 1996 and amended on December 18, 1996, December 23, 1998 and July
13, 2000. Capitalized terms used herein but not defined have the meanings
ascribed to them in the initial Statement on Schedule 13D, as amended through
the date hereof (the "Schedule 13D"). The Schedule 13D is hereby amended as
follows:
Item 2. Identity and Background
This statement is being filed by Verizon, and by its direct
wholly-owned subsidiary, GTE, and its indirect subsidiaries, GTE International,
GTE Venezuela, Bell Atlantic Latin America Holdings, Inc. ("Bell Atlantic Latin
America"), a Delaware corporation, Bell Atlantic New Holdings, Inc. ("Bell
Atlantic New Holdings"), a Delaware corporation, Verizon International Holdings
Ltd. ("Verizon International"), a Bermuda corporation, GTE S.a.r.l. and GTE
Venholdings. Verizon, GTE, GTE International, GTE Venezuela, Bell Atlantic Latin
America, Bell Atlantic New Holdings, Verizon International, GTE S.a.r.l. and GTE
Venholdings are sometimes referred to herein as the "Reporting Persons."
Verizon, formed by the merger in June 2000 of Bell Atlantic Corporation
("Bell Atlantic") and GTE, is one of the world's leading providers of
high-growth communications services. Verizon companies are the largest providers
of wireline and wireless communications in the United States, with 95 million
access line equivalents and 25 million wireless customers, as of December 31,
2000. Verizon is also the world's largest provider of print and on-line
directory information. A Fortune 10 company with more than 260,000 employees,
Verizon's global presence extends to 40 countries in the Americas, Europe, Asia
and the Pacific, as of December 31, 2000.
GTE Venholdings acts as a holding company for Verizon's investment in
Issuer. GTE Venholdings is a wholly-owned subsidiary of GTE S.a.r.l. GTE
S.a.r.l. is a wholly-owned subsidiary of Verizon International. Verizon
International is a majority-owned subsidiary of Bell Atlantic New Holdings,
which in turn is a wholly-owned subsidiary of Bell Atlantic Latin America, which
in turn is a wholly-owned subsidiary of GTE Venezuela. GTE Venezuela is a
wholly-owned subsidiary of GTE International, which is a wholly-owned subsidiary
of GTE. Verizon owns all of the common stock of GTE. The principal business
office of Verizon, Bell Atlantic Latin America, Bell Atlantic New Holdings and
Verizon International is 1095 Avenue of the Americas, New York, New York 10036.
The principal business office of GTE, GTE International and GTE Venezuela is 600
Hidden Ridge Drive, Irving, Texas. The principal business address of GTE
S.a.r.l. is 400 route d'Esch, L-1471 Luxembourg. GTE Venholding's principal
business address is Marten Meesweg 25, 3068 AV Rotterdam, The Netherlands.
The name, residence or business address, principal occupation or
employment and citizenship of each of the executive officers and directors of
the Reporting Persons are set forth in Schedule I hereto.
Within the last five years, none of the Reporting Persons, nor, to the
best of the Reporting Persons' knowledge, any of persons listed on Schedule I
have been convicted in a criminal proceeding (excluding traffic violations and
11
-------------------------------------------------------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 12 of 23 Pages
204429101 (ADSs)
-------------------------------------------------------------------------------
similar misdemeanors) or have been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and as a result of such
proceeding was or is subject a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to such laws.
Item 4. Purpose of Transaction
Item 4 is hereby amended by adding the following paragraphs:
On September 25, 2001, an affiliate of The AES Corporation ("AES")
commenced concurrent tender offers in Venezuela and the United States for shares
(including Class D Shares) and ADSs of Issuer (the "AES Tender Offers"). The AES
Tender Offers are scheduled to expire at 5:00 p.m. New York City time, on
October 29, 2001, unless otherwise extended. Verizon has carefully evaluated the
AES Tender Offers and has determined not to tender pursuant to such offers any
of the shares or ADSs of Issuer that it beneficially owns and controls. Also, on
October 9, 2001, Verizon publicly stated that it was urging other shareholders
of Issuer not to tender their shares or ADSs pursuant to the AES Tender Offers.
The reasons for Verizon's determination and recommendations are set forth on a
Solicitation/Recommendation Statement on Form 14D-9 filed by Verizon with the
Securities and Exchange Commission on October 10, 2001.
On October 7, 2001, Issuer announced that, among other things, it had
called a special shareholders meeting for October 24, 2001 for the purpose of
considering the distribution of an extraordinary dividend and to approve a share
repurchase program. Verizon favors an extraordinary dividend and the repurchase
of shares by the Issuer and is urging the Issuer to pursue such a course of
action. Subject to its review of the details of any such program as adopted and
proposed by the Issuer's Board of Directors, Verizon intends to vote in favor of
such a program and will urge shareholders to do likewise.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended to read in its entirety as follows:
(a) The Reporting Persons beneficially own 4,706,547 ADSs each
representing seven Class D Shares. The Class D Shares represented by these ADSs
represent 8.2% of the total number of outstanding Class D Shares on September
10, 2001. To the best of the Reporting Persons' knowledge, none of the persons
listed in Schedule A hereto owns beneficially any Class D Shares or ADSs
representing Class D Shares, except as follows:
12
-------------------------------------------------------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 13 of 23 Pages
204429101 (ADSs)
-------------------------------------------------------------------------------
ADSs Owned
----------
Name and Position Beneficially % of Class
----------------- ------------ ----------
Charles R. Lee 11,000 *
Chairman, Chief Executive Officer
and a Director
Verizon Communications
Alfred C. Giammarino 2,000 *
Senior Vice President and Chief Financial
Officer-International and Information
Services
Verizon Services Corp.
----------------
*Less than .1%
(b) The Reporting Persons and, to the best of the Reporting Persons'
knowledge, the person listed in the above chart has the sole power to vote and
the sole power to dispose of the ADSs and the Class D Shares represented thereby
as held by him.
(c) In the past sixty days from the date of this statement, none of the
Reporting Persons has purchased or sold any of the acquired ADSs each
representing seven Class D Shares. In the past sixty days from the date of this
statement, none of the persons listed in paragraph (a) above has purchased or
sold any of the acquired ADSs each representing seven Class D Shares.
13
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
VERIZON COMMUNICATIONS INC.
Date:10/10/2001 By: /s/ Michael T. Masin
-----------------------------------------------------------
GTE CORPORATION
Date:10/10/2001 By: /s/ Michael T. Masin
-----------------------------------------------------------
GTE INTERNATIONAL
TELECOMMUNICATIONS INCORPORATED
Date:10/10/2001 By: /s/ Alfred C. Giammarino
-----------------------------------------------------------
GTE VENEZUELA INCORPORATED
Date:10/10/2001 By: /s/ Alfred C. Giammarino
-----------------------------------------------------------
BELL ATLANTIC LATIN AMERICA
HOLDINGS, INC.
Date:10/10/2001 By: /s/ Janet M. Garrity
----------------------------------------------------------
BELL ATLANTIC NEW HOLDINGS, INC.
Date:10/10/2001 By: /s/ Daniel C. Petri
----------------------------------------------------------
14
VERIZON INTERNATIONAL HOLDINGS LTD.
Date:10/10/2001 By: /s/ Alfred C. Giammarino
----------------------------------------------------------
GTE VENEZUELA S.A.R.L.
By: GTE VENEZUELA INCORPORATED,
Manager
Date:10/10/2001 By: /s/ Alfred C. Giammarino
----------------------------------------------------------
GTE VENHOLDINGS B.V.
By: GTE VENEZUELA INCORPORATED,
Managing Director
Date:10/10/2001 By: /s/ Alfred C. Giammarino
----------------------------------------------------------
15
SCHEDULE I
Verizon Communications Inc. - 1095 Avenue of the Americas
New York, NY 10036
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Charles R. Lee Chairman, and Co-Chief Executive Officer United States
Verizon Communications
Ivan G. Seidenberg President, and Co-Chief Executive Officer United States
Verizon Communications
Lawrence T. Babbio, Jr. Vice Chairman and President United States
Verizon Communications
Michael T. Masin Vice Chairman and President United States
Verizon Communications
Frederic V. Salerno Vice Chairman and Chief Financial Officer United States
Verizon Communications
David H. Benson Executive Vice President-Strategy, Development and United States
Planning
Verizon Communications
Mary Beth Bardin Executive Vice President United States
Public Affairs and Communications
Verizon Communications
William P. Barr Executive Vice President United States
and General Counsel
Verizon Communications
William F. Heitmann Senior Vice President and Treasurer United States
Verizon Communications
Ezra D. Singer Executive Vice President- United States
Human Resources
Verizon Communications
Dennis F. Strigl Executive Vice President and President United States
Verizon Wireless
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
16
Lawrence R. Whitman Senior Vice President and Controller United States
Verizon Communications
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
James R. Barker Chairman of The Interlake Steamship Co. and Vice United States
Chairman of Mormac Marine Group, Inc. and the Moran
Towing Company
Edward H. Budd Retired Chairman of the Board United States
of the Travelers Group
Richard L. Carrion Chairman President and United States
Chief Executive Officer
Popular, Inc.
Robert F. Daniell Retired Chairman of the United Technologies United States
Corporation
Helene L. Kaplan Of Counsel Skadden, Arps, Slate, Meagher & Flom LLP United States
Charles R. Lee Chairman, and Co-Chief Executive Officer United States
Sandra O. Moose Senior Vice President, Director and United States
Chair of the East Coast Practice,
The Boston Consulting Group, Inc.
Joseph Neubauer Chairman and Chief Executive Officer United States
of ARAMARK Corporation
Thomas H. O'Brien Chairman and Chief Executive Officer of United States
The PNC Financial Service Group, Inc.
Russell E. Palmer Chairman and Chief Executive Officer of United States
The Palmer Group
Hugh B. Price President and Chief Executive Officer United States
National Urban League
Ivan G. Seidenberg President and Co-Chief Executive Officer United States
Walter V. Shipley Retired Chairman of the Board United States
The Chase Manhattan Corporation
John W. Snow Chairman, President and United States
Chief Executive Officer
CSX Corporation
17
John R. Stafford Chairman, President and United States
Chief Executive Officer
American Home Products Corporation
Robert D. Storey Partner with the Cleveland Law Firm of United States
Thompson, Hine and Flory LLP
GTE Corporation - 1095 Avenue of the Americas
New York, NY 10036
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Michael T. Masin Vice Chairman and President United States
Verizon Communications
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
William F. Heitmann Senior Vice President and Treasurer United States
Verizon Communications
Ezra D. Singer Executive Vice President-Human Resources United States
Verizon Communications
Lawrence R. Whitman Senior Vice President and Controller United States
Verizon Communications
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
William F. Heitmann Senior Vice President and Treasurer United States
Verizon Communications
Michael T. Masin Vice Chairman and Chief Financial Officer United States
Verizon Communications
Ezra D. Singer Executive Vice President-Human Resources United States
Verizon Communications
Lawrence R. Whitman Senior Vice President and Controller United States
Verizon Communications
18
GTE International Telecommunications Incorporated - 600 Hidden Ridge Drive
Irving, TX 75038
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Michael T. Masin Vice Chairman and President United States
Verizon Communications
Alfred C. Giammarino Senior Vice President and Chief Financial United States
Officer-International and Information Services
Verizon Services Corp.
Fares F. Salloum President - International and the Americas Canada
Verizon Services Corp.
Christopher M. Bennett Vice President and General Counsel-International United States
Verizon Services Corp.
Terry W. Lewis Group Senior Vice President-International United States
Verizon Services Corp.
Howard M. Svigals Group Vice President-International and the Americas United States
Verizon Services Corp.
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
Alfred C. Giammarino Senior Vice President and Chief Financial United States
Officer-International and Information Services
Verizon Services Corp.
Michael T. Masin Vice Chairman and Chief Financial Officer United States
Verizon Communications
19
GTE Venezuela Incorporated - 600 Hidden Ridge Drive
Irving, TX 75038
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Fares F. Salloum President-International and the Americas Canada
Verizon Services Corp.
Alfred C. Giammarino Senior Vice President and Chief Financial United States
Officer-International and Information Services
Verizon Services Corp.
Christopher M. Bennett Vice President and General Counsel-International United States
Verizon Services Corp.
Ruben G. Perlmutter Assistant General Counsel-International United States
Verizon Services Corp.
Terry W. Lewis Group Senior Vice President-International United States
Verizon Services Corp.
Howard M. Svigals Group Vice President-International and the Americas United States
Verizon Services Corp.
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
Marianne Drost Senior Vice President, Deputy General Counsel and United States
Corporate Secretary
Verizon Communications
Alfred C. Giammarino Senior Vice President and Chief Financial United States
Officer-International and Information Services
Verizon Services Corp.
Fares F. Salloum President-International and the Americas Canada
Verizon Services Corp.
20
Bell Atlantic Latin America Holdings, Inc. - 1095 Avenue of the Americas
New York, New York 10036
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Janet M. Garrity Assistant Treasurer-Financing and Cash Operations United States
Verizon Communications
Joshua W. Martin, III President United States
Verizon Delaware
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
Janet M. Garrity Assistant Treasurer-Financing and Cash Operations
Verizon Communications
William F. Heitmann Senior Vice President and Treasurer United States
Verizon Communications
Joshua W. Martin, III President United States
Verizon Delaware
Frederic V. Salerno Vice Chairman and Chief Financial Officer United States
Verizon Communications Inc.
Bell Atlantic New Holdings, Inc. - 1095 Avenue of the Americas
New York, New York 10036
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Daniel C. Petri President-International, Europe and Asia United States
Verizon Services Corp.
Mary Louise Weber Expert Counsel-Attorney Specialist United States
Verizon Services Corp.
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
Daniel C. Petri President-International, Europe and Asia United States
Verizon Services Corp.
21
Dermott O. Murphy Group Vice President-Finance and Strategic Planning United States
Verizon Services Corp.
Verizon International Holdings Ltd. - 1095 Avenue of the Americas
New York, New York 10036
(a) Executive Officers
Name Principal Occupation Citizenship
---- -------------------- -----------
Alfred C. Giammarino Senior Vice President and Chief Financial United States
Officer-International and Information Services
Verizon Services Corp.
Christopher M. Bennett Vice President and General Counsel-International United States
Verizon Services Corp.
J. Goodwin Bennett Vice President and Associate General United States
Counsel-Strategic Transactions
Verizon Services Corp.
Dermott O. Murphy Group Vice President-Finance and Strategic Planning United States
Verizon Services corp.
(b) Directors
Name Principal Occupation Citizenship
---- -------------------- -----------
Christopher M. Bennett Vice President and General Counsel-International United States
Verizon Services Corp.
Janet M. Garrity Assistant Treasurer-Financing and Cash Operations United States
Verizon Communications
Alfred C. Giammarino Senior Vice President and Chief Financial United States
Officer-International and Information Services
Verizon Services Corp.
Dermott O. Murphy Group Vice President-Finance and Strategic Planning United States
Verizon Services Corp.
22
GTE Venezuela S.a.r.l. - 400 route d' Esch
L-1471 Luxembourg
The Manager of GTE Venezuela S.a.r.l. is GTE Venezuela Incorporated. There are
no natural persons serving as directors or executive officers of GTE Venezuela
S.a.r.l.
GTE Venholdings B.V. - Marten Meesweg 25
3068 AV Rotterdam
The Netherlands
The Managing Director of GTE Venholdings B.V. is GTE Venezuela Incorporated.
There are no natural persons serving as directors or executive officers of GTE
Venholdings B.V.
23