SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB
(Mark One)

[X]  QUARTERLY  REPORT  PURSUANT  TO SECTION 13 OR 15(d) OF THE  SECURITIES
     EXCHANGE ACT OF 1934

                  For the quarterly period ended June 30, 2000

                                       OR

[ ] TRANSITION REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934

          From the transition period from ____________ to ___________.

                       Commission File Number 33-55254-40

                        LATIN AMERICAN TELECOMMUNICATIONS
                            VENTURE COMPANY - LATVCO.
         ----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

           Nevada                                         87-0485311
 -------------------------------               ---------------------------------
(State or other jurisdiction of                (IRS Employer Identification No.)
 incorporation or organization)


                   440 Louisiana, Suite 475, Houston, TX 77002
                   -------------------------------------------
                    (Address of principal executive offices)

                                 (713) 547-8900
                            -------------------------
                           (Issuer's telephone number)

                                       N/A
              ----------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)

     Indicate  by check  mark  whether  the  registrant  (1) filed  all  reports
required to be filed by Section 13 or 15(d) of the  Exchange Act during the past
12 months (or for such shorter  period that the  registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past
90 days:

                                   Yes X    No
                                      ---      ---

       Class                     Shares Outstanding              Date
 Common, $.001 par value               10,000                July 1, 2000

<PAGE>

           LATIN AMERICAN TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
           -----------------------------------------------------------
                                      INDEX

                                                                           Page
                                                                          Number
                                                                          ------
PART I - FINANCIAL INFORMATION

  Item 1. Financial Statements

          Condensed Balance Sheets - June 30, 2000 and
          December 31, 1999 ..................................................1

          Condensed Statements of Operations - For the three months
          and six months ended June 30, 2000 and 1999 and for the
          period from inception (July 26, 1990) to June 30, 2000..............2

          Condensed Statements of Cash Flows - For the six months ended
          June 30, 2000 and 1999 and for the period from inception
          (July 26, 1990) to June 30, 2000....................................3

          Notes to Condensed Financial Statements.............................4

  Item 2. Management's Discussion and Analysis of Financial Condition and
          Results of Operations...............................................5

PART II - OTHER INFORMATION...................................................5

  Item 6. Exhibits and Reports on Form 8-K....................................5


SIGNATURES....................................................................6

<PAGE>


                         PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

           LATIN AMERICAN TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
                          (A Development Stage Company)
                                  Balance Sheet


                             Assets
                            --------
                                                        June 30,    December 31,
                                                         2000          1999
                                                     -----------   -------------
Current Assets
                                                     $        0     $        0
Cash
                                                     -----------    -----------
Total Current Assets                                          0              0
                                                     -----------    -----------
Total Assets                                         $        0     $        0
                                                     ===========    ===========
                Liabilities & Stockholders' Equity
               -------------------------------------

Current Liabilities

Accounts Payable                                     $        0     $        0
                                                     -----------    -----------
Total Current Liabilities                            $        0     $        0
                                                     -----------    -----------
Stockholders' Equity
Authorized shares 99,000,000
$0.001 par value; 10,000 outstanding at 6-30-00
and at 12-31-99                                              10     $       10
Additional paid-in Capital                                  990            990
Deficit accumulated during development stage             (1,000)        (1,000)
                                                     -----------    -----------
Total Stockholders' Equity                           $        0     $        0
                                                     -----------    -----------
Total Liabilities & Stockholders' Equity             $        0     $        0
                                                     -----------    -----------



                      See Notes to the Financial Statements


                                       1
<PAGE>


           LATIN AMERICAN TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
                          (A Development Stage Company)
                             Statement of Operations

<TABLE>

                            For the Three Months Ended     For the Six Months      From Inception
                                     June 30,                 Ended June 30,       (July 26, 1990)
                                                                                   Through June 30,
                            --------------------------    ----------------------  -----------------
                                  2000         1999         2000         1999           2000
                               ----------    ---------    --------    ----------  -----------------
<S>                           <C>           <C>           <C>          <C>          <C>

REVENUES                        $      0     $      0     $      0     $      0     $        0
EXPENSES
Administrative Expenses
                                $      0     $      0     $            $            $    1,000
                                                                 0            0
                                ---------    ---------    ---------    ---------    -----------
Total Expenses                         0     $      0     $            $            $    1,000
                                                                 0            0
                                ---------    ---------    ---------    ---------    -----------
NET LOSS
                                $      0     $      0     $      0     $      0     $   (1,000)
                                =========    =========    =========    =========    ===========
(LOSS) PER SHARE                $      0     $      0     $      0     $      0     $    $(.01)
                                =========    =========    =========    =========    ===========
AVERAGE SHARES OUTSTANDING
                                  10,000       10,000       10,000       10,000         10,000
                                =========    =========    =========    =========    ===========

</TABLE>

                      See Notes to the Financial Statements

                                       2
<PAGE>

           LATIN AMERICAN TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
                          (A Development Stage Company)
                            Statements of Cash Flows


                                                                  From Inception
                                        For the Six Months Ended (July 26, 1990)
                                                June 30,             through
                                        ------------------------
                                           2000        1999       June 30, 2000
                                         --------     -------     -------------
CASH FLOWS FROM FINANCING ACTIVITIES
Net Income (Loss)
                                         $     0     $    0       $   (1,000)
Net Cash Used By Operating Activities    $     0     $    0       $   (1,000)
                                         --------    -------      ------------
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of common stock   $     0     $    0       $     1,000
                                         --------    -------      ------------
Net cash provided from financing
activities                               $     0     $    0       $     1,000
                                         --------    -------      ------------
Net increase (Decrease) in cash          $     0     $    0       $         0
Cash at beginning of year                $     0     $    0       $         0
                                         --------    -------      ------------
Cash at end of year                      $     0     $    0       $         0
                                         ========    =======      ============

                      See Notes to the Financial Statements

                                       3
<PAGE>
           LATIN AMERICAN TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
                          (A Development Stage Company)
                   Notes to the Condensed Financial Statements
                                  June 30, 2000


1.   General

     The interim financial  statements are prepared pursuant to the requirements
for  reporting  on Form 10-QSB.  The  December  31, 1999 balance  sheet data was
derived from audited  financial  statements but does not include all disclosures
required by generally  accepted  accounting  principles.  The interim  financial
statements and notes thereto  should be read in  conjunction  with the financial
statements  and notes  included in the Company's  Form 10-KSB for the year ended
December  31,  1999.  In  the  opinion  of  management,  the  interim  financial
statements  reflect all adjustments of a normal recurring nature necessary for a
fair statement of the results for the interim periods presented.


                                       4
<PAGE>


ITEM 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

Material Changes in Result of Operations

     During the three  months and six months  ended June 30, 2000 and 1999,  the
Company  had no  operations  other than the search for a business  to acquire or
with which to combine.

     The Company  reported no revenues or expenses for either of the three month
or six month periods ended June 30, 2000 or 1999.

Material Changes in Financial Condition, Liquidity and Capital Resources

     At  June  30,  2000  the  Company  had no  current  assets  and no  current
liabilities  as  compared  to no current  assets and no current  liabilities  at
December 31, 1999.

     Although the Company has no liquidity,  it believes that it will be able to
find a suitable Company with which to merge.



                           PART II - OTHER INFORMATION


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     a)   Exhibits

     27.1 Financial Data Schedule

     b)   Reports on Form 8-K

     None


                                       5
<PAGE>

                                   SIGNATURES

     In accordance with the requirements of the Exchange Act, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.


                                        LATIN AMERICAN TELECOMMUNICATIONS
                                        VENTURE COMPANY - LATVCO.



  Date: June 5, 2000                     By: /s/ Craig Barton
                                            ---------------------------
                                             Craig Barton, President
                                             and Principal Executive Officer


  Date: June 5, 2000                     By: /s/ Hank Vanderkam
                                            ----------------------------
                                             Hank Vanderkam, Treasurer
                                             Principal Financial Officer

                                       6