SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

 

SCHEDULE TO

Tender Offer Statement

Under Section 14(d)(1) or 13(e)(3) of the Securities Exchange Act of 1934

 

(AMENDMENT NO. 9)

 

 

 

 

COMPAÑÍA DE TELECOMUNICACIONES DE CHILE S.A.

(Name of Subject Company)

 

 

 

 

Inversiones Telefónica Internacional Holding Limitada

Telefónica, S.A.

(Names of Filing Persons)

American Depositary Shares

(Each Representing 4 Shares of Series A Common Stock, no par value)

(Title of Class of Securities)

204449300

 

(CUSIP Number of Class of Securities)

Shares of Series A Common Stock, no par value, and Shares of Series B Common

Stock, no par value

(Title of Class of Securities)

n/a

 

(CUSIP Number of Class of Securities)

 

 

 

 

Marcía García-Legaz Ponce

Head of Investor Relations

Distrito C, Ronda de la Comunicación, s/n

28050 Madrid, Spain

Tel. 011 34 91 482 870

(Name, Address and Telephone Number of Person Authorized

to Receive Notices and Communications on Behalf of Filing Persons)

 

 

 

 

Copy to:

Stephen G. Rooney, Esq.

Dewey & LeBoeuf LLP

1301 Avenue of the Americas

New York, New York 10019-6092

(212) 259-8000

 

CALCULATION OF FILING FEE

 

 

 

 

 

Amount Previously Paid: $13,366.63

Filing Party: Inversiones Telefónica Internacional Holding Limitada Telefónica, S.A.

Filing: Schedule TO/13e-3 filed on September 17, 2008

 

Amount Previously Paid: $1,336.66

Filing Party: Inversiones Telefónica Internacional Holding Limitada Telefónica, S.A.

Filing: Amendment No. 8 to Schedule TO/13e-3 filed on October 22, 2008

 

 

Check the following box if the filing is a final amendment reporting the results of the tender offer: o 

 

This Amendment No. 9 (this “Amendment”) amends and supplements the Tender Offer Statement on Schedule TO and Schedule 13E-3 Transaction Statement originally filed with the Securities and Exchange Commission (the “SEC”) on September 17, 2008, as amended by Amendment No. 1 filed on September 17, 2008, Amendment No. 2 filed on September 19, 2008, Amendment No. 3 filed on September 22, 2008, Amendment No. 4 filed on September 24, 2008, Amendment No. 5 filed on October 1, 2008, Amendment No. 6 filed on October 6, 2008, Amendment No. 7 filed on October 14, 2008 and Amendment No. 8 filed on October 22, 2008 (as amended, the “Schedule TO”), relating to the Offer by Telefónica, S.A., a publicly held stock corporation organized and existing under the laws of the Kingdom of Spain (“Telefónica”), and Inversiones Telefónica Internacional Holding Limitada, a limited liability company (sociedad de responsabilidad limitada) organized and existing under the laws of the Republic of Chile and indirectly owned by Telefónica (“Purchaser” and, together with Telefónica, the “Bidders”), to purchase any and all of the outstanding shares of Series A common stock, no par value (the “Series A Shares”) at an increased price of Ch$1,100 per Series A Share, and Series B common stock, no par value (the “Series B Shares” and, together with the Series A Shares, the “Shares”) at an increased price of Ch$990 per Series B Share, of Compañía de Telecomunicaciones de Chile S.A., a publicly traded stock corporation organized and existing under the laws of the Republic of Chile (the “Company”), other than Shares currently owned by Telefónica Internacional Chile S.A., a corporation organized and existing under the laws of the Republic of Chile and indirectly wholly owned by Telefónica (“TICSA”), and any and all of the outstanding American Depositary Shares (“ADSs”) of the Company, each representing four Series A Shares at an increased price of Ch$4,400 per ADS, on the terms and subject to the conditions set forth in the Offer to Purchase, dated September 17, 2008 (the “Offer to Purchase”), the Supplement to the Offer to Purchase, dated October 21, 2008 (as amended from time to time, the “Supplement”), and in the related revised ADS Letter of Transmittal, the Form of Acceptance and the ADS Notice of Guaranteed Delivery (which, as they may be amended and supplemented from time to time, together constitute the “U.S. Offer”), copies of which are filed as Exhibits (a)(19), (a)(20), (a)(21) and (a)(22), respectively, to the Schedule TO. Through a concurrent offer in Chile, Purchaser is offering to purchase any and all of the outstanding Shares, other than Shares currently owned by TICSA, including Shares held by U.S. persons (the “Chilean Offer” and, together with the U.S. Offer, the “Offers”).

 

The information set forth in the Offer to Purchase and the Supplement, including all schedules and annexes thereto, is hereby expressly incorporated by reference into this Schedule TO, in response to all items of this Schedule TO including, without limitation, all of the information required by Schedule 13E-3 that is not included in or covered by the items in Schedule TO.

 

Except as otherwise indicated in this Amendment, the information set forth in the Schedule TO remains unchanged. Capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule TO.

 

The Schedule TO is hereby amended by amending and restating the Supplement filed on October 22, 2008 in its entirety as set forth in Exhibit (a)(30) hereto to include a description of Chilean withdrawal rights in the section of the Supplement entitled “Special Factors — Risks of Tendering Shares in the Chilean Offer Instead of the U.S. Offer.”

 

 

SIGNATURES

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 9 to the Schedule TO is true, complete and correct.

 

Dated: October 27, 2008

 

TELEFÓNICA S.A.

 

Name:     Jorge Abadía Pozuelo

 

Name:     Ernesto López Mozo

 

INVERSIONES TELEFÓNICA INTERNACIONAL HOLDING LIMITADA

 

Name:     Jorge Abadía Pozuelo

 

Name:     Ernesto López Mozo

EXHIBIT INDEX