CANTV First Quarter 2006 Earnings Conference Call.

CARACAS, Venezuela -- CANTV (NYSE:VNT), the leading Venezuelan telecommunications services provider, will hold its quarterly conference call to discuss its first quarter results on Friday, April 28, 2004, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).

This call is being webcast by Thomson/CCBN and can be accessed at Cantv's Web site at www.cantv.com.ve

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson/CCBN's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).

About Cantv

Cantv, a Venezuelan corporation, is the leading Venezuelan telecommunications services provider with over 3.1 million switched fixed access lines in service, almost 5.6 million mobile subscribers and more than 343 thousand broadband subscribers as of March 31, 2006. The Company's principal strategic stockholder is a wholly-owned subsidiary of Verizon Communications Inc. with 28.5% of the capital stock. Other major stockholders include the Venezuelan Government with 6.6% of the capital stock (Class B Shares), employees, retirees and employee trusts which own 6.7% (Class C Shares) and the remaining 58.2% of the capital stock is held by public and other stockholders.