0000909518-01-500351.txt : 20011019 0000909518-01-500351.hdr.sgml : 20011019 ACCESSION NUMBER: 0000909518-01-500351 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20011016 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47557 FILM NUMBER: 1760419 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/A 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/A 1 a10-16sc13da5.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. 5) 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 16, 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 This is the fifth amendment ("Amendment No. 5") 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, July 13, 2000 and October 10, 2001. 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, Bell Atlantic New Holdings, Verizon International, 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 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 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 Page 11 of 23 Pages 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 October 16, 2001, Verizon issued a press release announcing, among other things, that it endorsed the approval by the board of directors of Issuer of a share repurchase program for up to 15% of the Issuer's shares at U.S. $30.00 per ADS and special shareholder dividend in the amount of approximately 520 Bolivares per share, payable in two installments, equivalent to approximately U.S. $4.89 per ADS at current exchange rates, representing an estimated aggregate dividend of approximately U.S. $550 million, based on the number of shares expected to be outstanding following the consummation of the share repurchase and also supported the board's directive that Issuer's management evaluate the company's dividend policy and recommend changes that would result in an increase in annual dividend payments. These actions by the Issuer's board of directors were announced by the issuance of an Issuer press release on October 15, 2001. Verizon's press release also disclosed that GTE Venholdings, an affiliate of Verizon that is the controlling shareholder of VenWorld Telecom, C.A. ("VenWorld") filed a petition with Venezuela's Comision Nacional de Valores ("CNV") to ensure that the voting interest in Issuer held by VenWorld would not increase as a result of the proposed repurchase program. Such petition was made in response to an order issued by the CNV that would require VenWorld to participate in Issuer's repurchase program to the extent necessary to avoid any increase in VenWorld's ownership in Issuer that otherwise would result from Issuer's actions. Verizon's investment in the Issuer is held principally through VenWorld. The petition to the CNV provides that shares equal to any increase in VenWorld's interest would be placed in a trust and for voting purposes would be treated in accordance with one of two alternatives. The first alternative would require that such shares be voted in the same manner as a majority of the shares present at such meeting. The second alternative would require that such shares abstain from voting at any Issuer shareholder meeting. The CNV has not yet responded to the petition. A copy of the English translation of the petition is filed as Exhibit 99(b) hereto and is incorporated herein by reference. A copy of the press release is filed as Exhibit 99(a) hereto and incorporated herein by reference. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS 99(a) Press Release dated as of October 16, 2001 (incorporated by reference to the Schedule 14D-9/A of Verizon, dated October 16, 2001) 99(b) English translation of petition filed with CNV on October 15, 2001 (incorporated by reference to the Schedule 14D-9/A of Verizon, dated October 16, 2001) Page 12 of 23 Pages 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: OCTOBER 16, 2001 BY: /S/ MICHAEL T. MASIN ------------------------------------- GTE CORPORATION DATE: OCTOBER 16, 2001 BY: /S/ MICHAEL T. MASIN ------------------------------------- GTE INTERNATIONAL TELECOMMUNICATIONS INCORPORATED DATE: OCTOBER 16, 2001 BY: /S/ ALFRED C. GIAMMARINO ------------------------------------- GTE VENEZUELA INCORPORATED DATE: OCTOBER 16, 2001 BY: /S/ ALFRED C. GIAMMARINO ------------------------------------- BELL ATLANTIC LATIN AMERICA HOLDINGS, INC. DATE: OCTOBER 16, 2001 BY: /S/ JANET M. GARRITY ------------------------------------- BELL ATLANTIC NEW HOLDINGS, INC. DATE: OCTOBER 16, 2001 BY: /S/ DANIEL C. PETRI ------------------------------------- Page 13 of 23 Pages VERIZON INTERNATIONAL HOLDINGS LTD. DATE: OCTOBER 16, 2001 BY: /S/ ALFRED C. GIAMMARINO ------------------------------------- GTE VENEZUELA S.A.R.L. BY: GTE VENEZUELA INCORPORATED, MANAGER DATE: OCTOBER 16, 2001 BY: /S/ ALFRED C. GIAMMARINO ------------------------------------- GTE VENHOLDINGS B.V. BY: GTE VENEZUELA INCORPORATED, MANAGING DIRECTOR DATE: OCTOBER 16, 2001 BY: /S/ ALFRED C. GIAMMARINO ------------------------------------- Page 14 of 23 Pages 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 Planning United States 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 Corporate United States Secretary Verizon Communications Page 15 of 23 Pages 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 Chairman of United States 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 Corporation United States 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 Page 16 of 23 Pages 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, NEW YORK 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 Corporate United States 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 Page 17 of 23 Pages (b) Directors Name Principal Occupation Citizenship ---- -------------------- ----------- Marianne Drost Senior Vice President, Deputy General Counsel and Corporate United States 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
Page 18 of 23 Pages 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 Officer-International United States 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 Business Services and United States Support-International 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 Corporate United States Secretary Verizon Communications (b) Directors Name Principal Occupation Citizenship ---- -------------------- ----------- Marianne Drost Senior Vice President, Deputy General Counsel and Corporate United States Secretary Verizon Communications Alfred C. Giammarino Senior Vice President and Chief Financial Officer-International United States and Information Services Verizon Services Corp. Michael T. Masin Vice Chairman and Chief Financial Officer United States Verizon Communications
Page 19 of 23 Pages 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 Officer-International United States and Information Services Verizon Services Corp. Christopher M. Bennett Vice President and Associate General Counsel-International United States Verizon Services Corp. Ruben G. Perlmutter Associate General Counsel-Americas United States Verizon Services Corp. Terry W. Lewis Group Senior Vice President Business Services and United States Support-International 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 Corporate United States Secretary Verizon Communications (b) Directors Name Principal Occupation Citizenship ---- -------------------- ----------- Marianne Drost Senior Vice President, Deputy General Counsel and Corporate United States Secretary Verizon Communications Alfred C. Giammarino Senior Vice President and Chief Financial Officer-International United States and Information Services Verizon Services Corp. Fares F. Salloum President-International and the Americas Canada Verizon Services Corp.
Page 20 of 23 Pages 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 Assistant General Counsel-Securities and Corporate Finance United States (b) Directors Name Principal Occupation Citizenship ---- -------------------- ----------- Daniel C. Petri President-International, Europe and Asia United States Verizon Services Corp. Dermott O. Murphy Group Vice President-Finance and Strategic Planning United States Verizon Services Corp.
Page 21 of 23 Pages 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 Officer-International United States and Information Services Verizon Services Corp. Christopher M. Bennett Vice President and Associate General Counsel-International United States Verizon Services Corp. J. Goodwin Bennett Vice President and Associate General Counsel-Strategic United States 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 Officer-International United States and Information Services Verizon Services Corp. Dermott O. Murphy Group Vice President-Finance and Strategic Planning United States Verizon Services Corp.
Page 22 of 23 Pages 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. Page 23 of 23 Pages Exhibit Index ------------- Name of Exhibit --------------- 99(a) Press Release dated as of October 16, 2001 (incorporated by reference to the Schedule 14D-9/A of Verizon, dated October 16, 2001) 99(b) English translation of petition filed with the CNV on October 15, 2001 (incorporated by reference to the Schedule 14D-9/A of Verizon, dated October 16, 2001)