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. 9)
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. [ ]
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
------------------------------------------------------ --------------------------------
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.
-------------------------------------------------------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 11 of 13 Pages
204429101 (ADSs)
-------------------------------------------------------------------------------
This is the ninth amendment ("Amendment No. 9") 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, November 5, 2001
and December 3, 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 4. Purpose of Transaction
Item 4 is hereby amended by adding the following paragraph:
At a shareholders' meeting of VenWorld held on February 25, 2002, the
shareholders of VenWorld approved a plan of liquidation for VenWorld (the "Plan
of Liquidation"). Pursuant to the Plan of Liquidation, on March 4, 2002,
VenWorld distributed to GTE Venholdings (formerly a shareholder of VenWorld),
196,401,427 Class A shares in respect of GTE Venholdings' interest in VenWorld.
On February 27, 2002, the board of directors of the Issuer mailed to
shareholders the notice of the annual shareholders' meeting to be held on March
22, 2002 at which shareholders will be asked to approve a number of proposed
amendments to the bylaws of the Issuer. The proposed amendments include (i) a
proposed conversion of the Class A shares to Class D shares (ii) the
implementation of a staggered board and an executive committee and (iii) the
right of shareholders of the Issuer to subscribe for shares of the Issuer at par
value in the event a person acquires, or launches a tender offer to acquire, 15%
or more of the Issuer. If the proposed amendments to the bylaws of the Issuer
are approved by the shareholders of the Issuer, GTE Venholdings' Class A shares
automatically would be converted into Class D shares effective March 22, 2002.
GTE Venholdings intends to vote in favor of the proposed amendments, including
the proposal to convert the Class A shares into Class D shares.
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
-------------------------------------------------------------------------------
CUSIP NO. P3055Q103 (Class D. Shares) Page 12 of 13 Pages
204429101 (ADSs)
-------------------------------------------------------------------------------
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.
(d) - (e) Not Applicable
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: March 6, 2002 By: /s/ Michael T. Masin
-------------------------------------------
GTE CORPORATION
Date: March 6, 2002 By: /s/ Michael T. Masin
-------------------------------------------
GTE INTERNATIONAL
TELECOMMUNICATIONS INCORPORATED
Date: March 6, 2002 By: /s/ Alfred C. Giammarino
-------------------------------------------
GTE VENEZUELA INCORPORATED
Date: March 6, 2002 By: /s/ Alfred C. Giammarino
-------------------------------------------
BELL ATLANTIC LATIN AMERICA
HOLDINGS, INC.
Date: March 6, 2002 By: /s/ Janet M. Garrity
-------------------------------------------
BELL ATLANTIC NEW HOLDINGS, INC.
Date: March 6, 2002 By: /s/ Daniel C. Petri
-------------------------------------------
VERIZON INTERNATIONAL HOLDINGS LTD.
Date: March 6, 2002 By: /s/ Alfred C. Giammarino
-------------------------------------------
GTE VENEZUELA S.A.R.L.
By: GTE VENEZUELA INCORPORATED,
Manager
Date: March 6, 2002 By: /s/ Alfred C. Giammarino
-------------------------------------
GTE VENHOLDINGS B.V.
By: GTE VENEZUELA INCORPORATED,
Managing Director
Date: March 6, 2002 By: /s/ Alfred C. Giammarino
-------------------------------------