CANTV (Compañía Anónima Nacional de Teléfonos de Venezuela) is the state-run telephone and internet service provider in Venezuela. It was one of the first telephone service enterprises in the country, founded in 1930. The largest telecommunications provider in Venezuela, it was privatized in 1991, and re-nationalized in 2007 by Hugo Chavez.
As of May 9, 2008, Cantv’s customer base numbered 10.1 million mobile subscribers, 5.2 million fixed telephony subscribers and 1 million broadband subscribers.[2]
History
Origins
In 1930 the "Ministerio de Fomento" under President Juan Vicente Gomez administration, granted a concession to Félix A. Guerrero to build and operate a telephone network in the Federal District and the States of the Union. With fellow shareholders Manuel Pérez Abascal, an entrepreneur, and Alfredo Damirón, an attorney, they registered Compañía Anónima Nacional Teléfonos de Venezuela on 20 June 1930.
On 31 December it became the local operating company for the assets of the Venezuelan Telephone and Electrical Appliances Company Limited, an English firm which had been operating in Venezuela for 40 years between Caracas and Puerto Cabello, San Juan de Los Morros, Ocumare del Tuy and Macuto