-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GmsksYILfdlwr2YF0lHxug9kPLi5BK4b9S5poojR3tIwolatr1qo4G0KXK+js0J6 gnVvQPkrQr0jRPd/V2aOzw== 0000950109-01-500508.txt : 20010410 0000950109-01-500508.hdr.sgml : 20010410 ACCESSION NUMBER: 0000950109-01-500508 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010406 GROUP MEMBERS: GTE CORPORATION GROUP MEMBERS: VERIZON COMMUNICATIONS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENUITY INC CENTRAL INDEX KEY: 0001110794 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 742864824 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-59967 FILM NUMBER: 1597463 BUSINESS ADDRESS: STREET 1: 3 VAN DE GRAAFF DR CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 7812624000 FORMER COMPANY: FORMER CONFORMED NAME: GTE INTERNETWORKING INC DATE OF NAME CHANGE: 20000331 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 13G 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 13G 1 dsc13g.txt SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), and (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. __________)1 ___ Genuity Inc. -------------------------------------- (Name Of Issuer) Class A Common Stock, par value $0.01 per share -------------------------------------- (Title of Class of Securities) 37248E103 --------------------------------------- (Cusip Number) December 31, 2000 -------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) - -------------------- 1 The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("the Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 8 pages - ------------------------ CUSIP No. 37248E103 13G - ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS. OR IRS IDENTIFICATION NO. OF ABOVE PERSON Verizon Communications Inc. #23-2259884 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 ------------------------------------------------------------ 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 19,323,666 shares of Class A Common Stock ------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER EACH REPORTING 0 ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER PERSON WITH 19,323,666 shares of Class A Common Stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,323,666 shares of Class A Common Stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10% of the aggregate of the Issuer's Class A Common Stock, par value $0.01 per share, assuming conversion of the reporting persons' shares of Class B Common Stock into Class A Common Stock. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 2 of 8 pages - ------------------------ CUSIP No. 37248E103 13G - ------------------------ - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON SS. OR IRS IDENTIFICATION NO. OF ABOVE PERSON GTE Corporation #13-1678633 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [_] (B) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 ------------------------------------------------------------ 6 SHARED VOTING POWER BENEFICIALLY OWNED BY 19,323,666 shares of Class A Common Stock ------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER EACH REPORTING 0 ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER PERSON WITH 19,323,666 shares of Class A Common Stock - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,323,666 shares of Class A Common Stock - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10% of the aggregate of the Issuer's Class A Common Stock, par value $0.01 per share, assuming conversion of the reporting persons' shares of Class B Common Stock into Class A Common Stock. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- Page 3 of 8 pages Item 1. (a) Name of Issuer Genuity Inc. (b) Address of Issuer's Principal Executive Offices 225 Presidential Way Woburn, Massachusetts 01801 Item 2. (a) Name of Persons Filing Verizon Communications Inc. ("Verizon") GTE Corporation ("GTE") (b) Address of Principal Business Office or, if none, Residence For each of Verizon and GTE: 1095 Avenue of the Americas New York, New York 10036 (c) Citizenship Verizon is incorporated under the laws of the State of Delaware. GTE is incorporated under the laws of the State of New York. (d) Title of Class of Securities Class A Common Stock, par value $0.01 per share (e) Cusip Number 37248E103 Page 4 of 8 pages Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [_] Broker or Dealer registered under Section 15 of the Exchange Act (b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act (c) [_] Insurance Company as defined in Section 3(a)(19) of the Exchange Act (d) [_] Investment Company registered under Section 8 of the Investment Company Act (e) [_] Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E) (f) [_] Employee Benefit Plan or Endowment Fund in accordance with 13d-1(b)(1)(ii)(F) (g) [_] Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(1)(ii)(G) (h) [_] Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act (i) [_] Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J) Item 4. Ownership (a) Amount Beneficially Owned: 19,323,666 shares of Class A Common Stock (b) Percent of Class: 10% of the aggregate of the Issuer's Class A Common Stock, par value $0.01 per share, assuming conversion of the reporting persons' Class B Common Stock into Class A Common Stock. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 (ii) shared power to vote or to direct the vote: 19,323,666 Page 5 of 8 pages (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 19,323,666 GTE owns of record and beneficially 17,890,880 shares of Class B Common Stock of Genuity Inc. and its wholly owned direct subsidiary, Contel Federal Systems, Inc. ("CFS") owns of record and beneficially an additional 365,120 shares of Class B Common Stock of Genuity Inc. These shares of Class B Common Stock are convertible at any time into an aggregate of 19,323,666 shares of Class A Common Stock of Genuity Inc. By virtue of the relationship between GTE and CFS, GTE may be deemed to have shared power to vote and dispose of, or to direct the vote and disposition of, the shares of Genuity Inc. Common Stock held of record by CFS. Verizon is the owner of 100% of the common stock of GTE. By virtue of the relationship between Verizon and GTE, Verizon may be deemed to have shared power to vote and dispose of, or to direct the vote and disposition of, the 19,323,666 shares of Class A Common Stock of Genuity Inc. beneficially owned by GTE. Item 5. Ownership of Five Percent or Less of a Class: Not Applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another Person: Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported On by the Parent Holding Company: See Item 4. Item 8. Identification and Classification of Members of the Group: Not Applicable. Item 9. Notice of Dissolution of Group: Not Applicable. Item 10. Certifications: Not Applicable. Page 6 of 8 pages SIGNATURES 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. April 6,2001 ------------------------------------- VERIZON COMMUNICATIONS INC. /S/ Marianne Drost ------------------------------------- Signature Marianne Drost - Corporate Secretary ------------------------------------- Name/Title GTE CORPORATION /s/ Marianne Drost ------------------------------------- Signature Marianne Drost - Corporate Secretary ------------------------------------- Name/Title Page 7 of 8 pages EXHIBIT A AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G ------------ In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including amendments thereto) with respect to the Class A Common Stock of Genuity Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned hereby execute this Agreement as of the 6th day of April, 2001. VERIZON COMMUNICATIONS INC. /s/ Marianne Drost ------------------------------------ Signature Marianne Drost - Corporate Secretary ------------------------------------ Name/Title GTE CORPORATION /s/ Marianne Drost ------------------------------------ Signature Marianne Drost - Corporate Secretary ------------------------------------ Name/Title Page 8 of 8 pages -----END PRIVACY-ENHANCED MESSAGE-----