[3] After the Dominican government passed Law 153 in 1998 providing for effective liberalization and improved pro-competition regulation, new entrants had eroded CODETEL's predominant position with the incumbent capturing only 50% of the international traffic to the United States (accounting for 70% of the total international traffic).

[4] In 2000 Verizon was formed after a merger by Bell Atlantic and GTE, with CODETEL continuing operations as a subsidiary of the new company.

[5] Previously known as CODETEL (Compañía Dominicana de Teléfonos), the name change was announced February 2, 2004, at the National Theater of Santo Domingo in a ceremony to welcome the Verizon brand to the country.

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