| Business Summary | | Compania
Anonima
Nacional
Telefonos
de
Venezuela
is
a
full
service
telecommunications
provider
offering
switched,
fixed,
local
and
domestic
and
international
long
distance
telephone
service
throughout
Venezuela
on
an
exclusive
basis
until
November
27,
2000,
except
in
limited
circumstances.
The
Company
also
offers
wireless
services,
public
telephones,
telecommunications
centers,
private
networks,
rural
telephone
services,
packet-switched
data
transmission,
Internet
access,
directory
information
services
and
other
value-added
services.
The
Company
owns
all
of
the
Venezuelan
public
exchanges
and
the
nationwide
network
of
public
telephone
lines
and
public
national
and
international
long
distance
telephone
transmission
facilities.
At
December
31,
1999,
the
Company
had
approximately
2.6
million
access
lines
in
service
and
approximately
1.2
million
wireless
subscribers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VNT
is
a
full
service
telecommunications
provider,
offering
switched,
fixed
local,
domestic
and
international
long
distance
service
throughout
Venezuela.
For
the
fiscal
year
ended
12/31/00
revenues
fell
6%
to
Bs.1.825T.
Net
loss
before
accounting
change
and
under
U.S
GAAP
fell
92%
to
Bs.14.33
billion.
Revenues
reflect
a
decrease
in
local
and
long
distance
services.
Lower
loss
also
reflects
reduced
financial
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Gustavo Roosen | Chairman,
Pres and CEO | Armando Yanes | CFO | Miguel Benatuil | Pres,
CANTV Servicios | Guillermo Olaizola | Pres,
Movilnet | Vicente Llatas | Exec.
VP, COO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|