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. 8)
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)
Not Applicable
--------------------------------------------------------------------------------
(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. [ ]
NY2:\1099752\04\NKK_04!.DOC\65886.0076
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 2 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
2
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 3 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
3
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 4 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
4
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 5 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
5
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 6 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
6
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 7 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
7
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 8 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
8
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 9 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
9
------------------------------------------------------ --------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 10 of 13 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: 28,009,177*
SHARES ADSs: 4,001,311
BENEFICIALLY ------- ------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH Class D Shares: None
REPORTING ADSs: None
PERSON ------- ------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
Class D Shares: 28,009,177*
ADSs: 4,001,311
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
Class D Shares: None
ADSs: None
-------------------------------------------- ------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 28,009,177*
ADSs: 4,001,311
--------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
--------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.4% (the 4,001,311 ADSs represent 28,009,177 Class D Shares, which
represent approximately 7.4% of the total Class D Shares outstanding).
--------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
HC
========= =============================================================================================================
* The 4,001,311 ADSs represent 28,009,177 Class D Shares. Because the holder
may exchange ADSs for Class D Shares, the Reporting Persons may be deemed
to beneficially own 28,009,177 Class D Shares.
10
This is the eighth amendment ("Amendment No. 8") 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, October 10, 2001, October 16, 2001, October 22, 2001 and November 5,
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 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 4,001,311 ADSs, each
representing seven Class D Shares. Based upon information furnished by the
Company, the Class D Shares represented by these ADSs represent approximately
7.4% of the total number of outstanding Class D Shares following the
consummation of the Company's latest share repurchase program. To the best of
the Reporting Persons' knowledge, none of the persons listed in Schedule I to
the Schedule 13D owns beneficially any Class D Shares or ADSs representing Class
D Shares, except as follows:
Name and Position ADSs Owned Beneficially % of Class
----------------- ----------------------- ----------
Charles R. Lee 11,000 *
Chairman, Chief Executive Officer and a Director
Verizon Communications
Alfred C. Giammarino 1,570 *
Senior Vice President and Chief Financial Officer-International
and Information Services
Verizon Services Corp.
---------------------------
* Less than 0.1%
(b) The Reporting Persons and, to the best of the Reporting Persons'
knowledge, each of the persons 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 nor either of the persons listed in paragraph (a) above has
purchased or sold any ADSs or Class D Shares, except that GTE Venholdings B.V.
and Alfred C. Giammarino sold 705,236 and 430 ADSs, respectively, at a cash
price of $30 per ADS pursuant to the tender offer for 19,843,658 ADSs made by
the Company pursuant to a U.S. Offer to Purchase dated October 24, 2001.
(d) - (e) Not Applicable
11
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: December 3, 2001 By: /s/ Michael T. Masin
--------------------------------------------
GTE CORPORATION
Date: December 3, 2001 By: /s/ Michael T. Masin
--------------------------------------------
GTE INTERNATIONAL
TELECOMMUNICATIONS INCORPORATED
Date: December 3, 2001 By: /s/ Alfred C. Giammarino
--------------------------------------------
GTE VENEZUELA INCORPORATED
Date: December 3, 2001 By: /s/ Alfred C. Giammarino
--------------------------------------------
BELL ATLANTIC LATIN AMERICA
HOLDINGS, INC.
Date: December 3, 2001 By: /s/ Janet M. Garrity
--------------------------------------------
12
BELL ATLANTIC NEW HOLDINGS, INC.
Date: December 3, 2001 By: /s/ Daniel C. Petri
--------------------------------------------
VERIZON INTERNATIONAL HOLDINGS LTD.
Date: December 3, 2001 By: /s/ Alfred C. Giammarino
--------------------------------------------
GTE VENEZUELA S.A.R.L.
By: GTE VENEZUELA INCORPORATED,
Manager
Date: December 3, 2001 By: /s/ Alfred C. Giammarino
--------------------------------------
GTE VENHOLDINGS B.V.
By: GTE VENEZUELA INCORPORATED,
Managing Director
Date: December 3, 2001 By: /s/ Alfred C. Giammarino
--------------------------------------
13