Venezuela's fixed line telecoms market is dominated by CANTV, owned by US firm Verizon Communications.
BBC: NEWS | Business | Chavez approves state phone firm
Hugo Chavez moves to take control onf Venezuela's largest communications company, CANTV.
CENTERFORSECURITYPOLICY: Evo and Peru: Conflict over a terrorist
CANTV's shares plunged: its American Depository Receipts, traded on the New York Stock Exchange, lost almost 40% of their value in two days.
ECONOMIST: Venezuela
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