C.A. Nacional Telefonos de Venezuela Class D
BBVCA:TDV.D1,240.00
VES
-55.00
(-4.25%)
ISIN
VEV0008810D7
Return %
Stock
S&P 500
1Y
997.44
14.20
3Y
26,566.67
81.12
5Y
72.22
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Quarterly Revenue
USD
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
USD
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in mil. unless spec.Company Description
- Sector
- Communications
- Industry
- Major telecommunications
- Address
- Caracas Venezuela
- IPO Date
- Apr 11, 2000
- Website
- cantv.com.ve
- Similar Companies
- Business
- C.A. Nacional Teléfonos de Venezuela (CANTV) is a state-owned integrated telecommunications and information technology service provider headquartered in Caracas, Venezuela. Founded in 1930 and operating as the principal national telecommunications operator under the oversight of the Ministry of Popular Power for Science and Technology, the company delivers voice, data, and digital services to residential consumers, commercial enterprises, corporate clients, and public administration institutions across the country. The enterprise organizes its operations into specialized business segments, offering a portfolio of products and services that includes fixed-line local, domestic, and international direct-dial telephone services; fixed broadband and ultra-broadband internet access distributed via asymmetric digital subscriber line (ADSL) networks and gigabit passive optical network (GPON) fiber-to-the-home (FTTH) infrastructure under the Aba and Aba Ultra brand names; cellular mobile telephony, text messaging, and wireless broadband data services through its mobile operating subsidiary, Telecomunicaciones Movilnet C.A.; subscription television and multimedia broadcasting consisting of direct-to-home (DTH) satellite television and the Aba TV GO internet streaming platform; and enterprise information and communications technology (ICT) solutions comprising dedicated internet access, private virtual circuits, metro Ethernet, data center co-location, cloud storage, web and application hosting, and managed network security. In recent operational developments, the company has accelerated a comprehensive national network transformation initiative to replace legacy copper cabling with high-capacity fiber-optic networks across major metropolitan and regional jurisdictions, deploying expanded high-speed Aba Ultra bandwidth tiers reaching up to gigabit transmission speeds. To finance its ongoing fiber-optic infrastructure rollout and technological modernization initiatives, the company has executed public offerings of its Class D common shares on the Caracas Stock Exchange (Bolsa de Valores de Caracas: TDV.D), while simultaneously upgrading national IP transit transport backbones and implementing automated digital customer service platforms.