CANTV (Compañía Anónima Nacional de Teléfonos de Venezuela), founded in 1930, is Venezuela's national telecommunications company. A state-owned enterprise, CANTV employs approximately 6,520 people and is headquartered in Venezuela. Its services include fixed-line telephony, broadband internet access, and pay television, making it a major telecommunications provider within the country.
Conatel confirmed that Cantv, along with Simple TV, Movilnet, and Telefonica Venezuela, qualified to bid on mobile spectrum blocks in a forthcoming tender. Later, Cantv and Movilnet participated in a tender hosted by the Caracas Stock Exchange, acquiring mobile spectrum. Movilnet purchased two 50 MHz blocks in the 3.6-3.7 GHz range for approximately USD 87 million per block. Cantv secured a 20 MHz block in the 2.5-2.6 GHz band for around USD 36 million. The total cost for both companies was approximately USD 200 million. The Venezuelan government's increasing restrictions on internet freedom, coupled with state ownership of the largest telecoms company, impact online dissent.
CANTV offers 3 products in the media and telecoms services industry. CANTV's product portfolio comprises of media and TV services and telecoms services.
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