National Telephone Company of Venezuela ADR VNT

We are putting Compania Anonima Telefonos de Venezuela VNT (CANTV) under review. News reports out of Venezuela state President Hugo Chavez announced today the government would nationalize …

… America Movil expect to get a ruling on their combined deal to purchase Verizon's VZ stake in Venezuelan phone giant CANTV VNT . If the firms receive approval, they will make a tender offer at the same price for the publicly traded shares in accordance …

Compania Anonima Nacional de Telefonos de Venezuela (CANTV) VNT reported impressive third-quarter results. The firm is producing significant growth in wireless and high-speed Internet access …

… of Embratel that it doesn't already own will allow it to keep all of the cash flow it generates. Its plan to acquire CANTV VNT in Venezuela with America Movil AMX, its sister company, is part of the firm's plan to increase growth. CANTV increased …

We continue to await Venezuelan government regulators approval for Telmex TMX to acquire Verizon's VZ stake in CANTV VNT . Telmex has stated that if it receives approval, it will then make an offer for all outstanding shares at the same price of …

… American telecoms in three countries in three independent transactions for a total of $3.7 billion. We think the price for CANTV VNT is excessive, as it has a higher risk profile than the other telecom firms, but we won't be changing our fair value estimates …

… this time. Verizon is selling its stake in Verizon Dominicana, which serves the Dominican Republic, 28.5% stake in CANTV VNT , which serves Venezuela, and Telecomunicaciones de Puerto Rico (Puerto Rico Telephone) in three separate transactions for …

… to Venezuelan businessman Oswaldo Cisneros for $425 million. The firm had agreed to sell Digital for $450 million to CANTV VNT in 2005, but the deal was rejected by the government on antitrust grounds. Despite the $25 million haircut, we think this …