SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D/A
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
(Amendment No. 6)
COMPANIA ANONIMA NACIONAL TELEFONOS DE VENEZUELA (CANTV)
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(Name of Issuer)
NATIONAL TELEPHONE COMPANY OF VENEZUELA
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(CANTV)
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(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")
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(Title of Class of Securities)
P3055Q103 (Class D Shares); 204421101 (ADSs)
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(CUSIP Number)
Barry J. Sharp, Senior Vice President and Chief Financial Officer,
The AES Corporation 1001 North 19th Street Arlington, Virginia 22209,
Tel: (703) 522-1315
Copy to:
Michael E. Gizang,
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square,
New York, NY 10036,
Tel: (212) 735-2704
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 7, 2001
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(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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d(f) or 13d-1(g), check the
following box [ ]
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CUSIP NO. P3055Q103 (Class D Shares) 13D PAGE 3
204421101 (ADSs)
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The AES Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO, AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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7 SOLE VOTING POWER Class D Shares: 50,255,189
ADSs: 785
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NUMBER OF 8 SHARED VOTING POWER Class D Shares: None
SHARES ADSs: None
BENEFICIALLY ----------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER Class D Shares: 50,255,189
REPORTING ADSs: 785
PERSON WITH ----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER Class D Shares: None
ADSs: None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 50,255,189
ADSs: 785
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.6% (the 50,255,189 Class D Shares and 785 ADSs represent
approximately 10.6% of the total Class D Shares outstanding
(including Class D Shares represented by ADSs)). See Item 5.
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14 TYPE OF REPORTING PERSON
HC
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CUSIP NO.P3055Q103 (Class D Shares) 13D PAGE 5
204421101 (ADSs)
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
AES Channon Holdings B.V.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO, AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Netherlands
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7 SOLE VOTING POWER Class D Shares: 50,255,189
ADSs: 785
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NUMBER OF 8 SHARED VOTING POWER Class D Shares: None
SHARES ADSs: None
BENEFICIALLY ----------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER Class D Shares: 50,255,189
REPORTING ADSs: 785
PERSON WITH ----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER Class D Shares: None
ADSs: None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 50,255,189
ADSs: 785
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.6% (the 50,255,189 Class D Shares and 785 ADSs represent
approximately 10.6% of the total Class D Shares outstanding
(including Class D Shares represented by ADSs)). See Item 5.
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14 TYPE OF REPORTING PERSON
CO
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CUSIP NO. P3055Q103 (Class D Shares) 13D PAGE 7
204421101 (ADSs)
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Corporacion EDC, C.A.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO, WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Venezuela
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7 SOLE VOTING POWER Class D Shares: 50,255,189
ADSs: 785
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NUMBER OF 8 SHARED VOTING POWER Class D Shares: None
SHARES ADSs: None
BENEFICIALLY ----------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER Class D Shares: 50,255,189
REPORTING ADSs: 785
PERSON WITH ----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER Class D Shares: None
ADSs: None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 50,255,189
ADSs: 785
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.6% (the 50,255,189 Class D Shares and 785 ADSs represent
approximately 10.6% of the total Class D Shares outstanding
(including Class D Shares represented by ADSs)). See Item 5.
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14 TYPE OF REPORTING PERSON
CO
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CUSIP NO.P3055Q103 (Class D Shares) 13D PAGE 9
204421101 (ADSs)
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Inversiones Inextel, C.A.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO, AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Venezuela
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7 SOLE VOTING POWER Class D Shares: 50,255,189
ADSs: 785
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NUMBER OF 8 SHARED VOTING POWER Class D Shares: None
SHARES ADSs: None
BENEFICIALLY ----------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER Class D Shares: 50,255,189
REPORTING ADSs: 785
PERSON WITH ----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER Class D Shares: None
ADSs: None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 50,255,189
ADSs: 785
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.6% (the 50,255,189 Class D Shares and 1,000 ADSs represent
approximately 10.6% of the total Class D Shares outstanding
(including Class D Shares represented by ADSs)). See Item 5.
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14 TYPE OF REPORTING PERSON
CO
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CUSIP NO.P3055Q103 (Class D Shares) 13D PAGE 11
204421101 (ADSs)
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
AES Comunicaciones de Venezuela, C.A.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Venezuela
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7 SOLE VOTING POWER Class D Shares: 50,255,189
ADSs: 785
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NUMBER OF 8 SHARED VOTING POWER Class D Shares: None
SHARES ADSs: None
BENEFICIALLY ----------------------------------------------------------------
OWNED BY 9 SOLE DISPOSITIVE POWER Class D Shares: 50,255,189
REPORTING ADSs: 785
PERSON WITH ----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER Class D Shares: None
ADSs: None
-------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Class D Shares: 50,255,189
ADSs: 785
-------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
-------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.6% (the 50,255,189 Class D Shares and 785 ADSs represent
approximately 10.6% of the total Class D Shares outstanding
(including Class D Shares represented by ADSs)). See Item 5.
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14 TYPE OF REPORTING PERSON
CO
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This Amendment No. 6 to Schedule 13D ("Amendment No. 6") amends and
supplements the statement on Schedule 13D originally filed on July 3, 2001
with the Securities and Exchange Commission (the "SEC") by The AES Corporation
("AES"), AES Channon Holdings B.V., Corporacion EDC, C.A., Inversiones
Inextel, C.A., Servicios EDC, C.A. and Inversiones Onapo, C.A., as amended and
supplemented prior to the date hereof (the "Schedule 13D").
Capitalized terms used herein and not otherwise defined herein
shall have the meanings ascribed to them in the Schedule 13D.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended and supplemented by deleting
Item 4 in its entirety and replacing it with the following:
AES intends to review its investment in the Issuer on a continuing
basis. In this regard, the Reporting Persons may purchase additional Class
D Shares or ADSs, or may sell all or a portion of the Class D Shares or
ADSs held by it, in any case in market, in private transactions or
otherwise. The Reporting Persons may also pledge, encumber or otherwise
transfer or engage in other transactions with respect to all or a portion
of such Class D Shares of ADSs. In addition, the Reporting Persons may from
time to time approach and engage in discussions with the Issuer, other
security holders of the Issuer or third parties with respect to any of the
foregoing and the business and business strategies of the Issuer, including
such maters as acquisitions, dispositions and other extraordinary
transactions, changes in management and dividend policies of the Issuer and
the nomination and election of one or more directors of the Issuer. The
Reporting Persons' actions with respect to its investment in the Issuer
will depend on such factors as the Reporting Persons deem relevant at the
time, including among other things, the Reporting Persons' evaluation of
the Issuer's business, prospects and financial condition, the market for
the Issuer's securities, other opportunities available to the Reporting
Persons, prospects for the Reporting Persons' own business, general
economic conditions, including economic conditions in the Republic of
Venezuela, stock market conditions and other future developments.
The Reporting Persons reserve the right to change their purpose in
respect of the Class D Shares and ADSs and take such actions as they deem
appropriate in light of the circumstances existing at the time, including
without limitation, the matters set forth above.
Except as indicated above, none of the Reporting Persons, and, to
the best of the Reporting Persons' knowledge, none of the persons listed in
Schedule A hereto, have any present plans or proposals that relate to or
would result in any of the actions described in Subparagraphs (a) through
(j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and supplemented by adding the
following paragraph:
In connection with the Issuer's share repurchase program to
purchase in Venezuela Class D Shares for $4.2857143 per share, and the
Issuer's tender offer to purchase in the United States 19,843,658 ADSs for
$30.00 per ADS, representing in the aggregate 138,905,606 Class D Shares,
AES Comunicaciones de Venezuela validly tendered 64,000,999 Class D Shares
and 1,000 ADSs. As a result of such tender and taking into account the
final global proration factor of 21.477493762%, the Reporting Persons sold
to the Issuer 13,745,810 Class D Shares and 215 ADSs of the Issuer reducing
the Reporting Person's interest from 64,001,000 to 50,255,189 Class D
Shares and from 1,000 to 785 ADSs.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Amendment to Schedule 13D is
true, complete and correct.
The AES Corporation
By: /s/ Paul Hanrahan
-------------------------------------
Name: Paul Hanrahan
Title: Executive Vice President
Date: December 10, 2001
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Amendment to Schedule 13D is
true, complete and correct.
AES Channon Holdings B.V.
By: /s/ Steven P. Clancy
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Name: Steven P. Clancy
Title: Director
Date: December 10, 2001
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Amendment to Schedule 13D is
true, complete and correct.
Corporacion EDC, C.A.
By: /s/ Paul Hanrahan
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Name: Paul Hanrahan
Title: Director
Date: December 10, 2001
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Amendment to Schedule 13D is
true, complete and correct.
Inversiones Inextel, C.A.
By: /s/ Steven P. Clancy
--------------------------------------
Name: Steven P. Clancy
Title: Director
Date: December 10, 2001
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Amendment to Schedule 13D is
true, complete and correct.
AES Comunicaciones de Venezuela, C.A
By: /s/ Paul Hanrahan
--------------------------------------
Name: Paul Hanrahan
Title: Director
Date: December 10, 2001