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, 2003

                                       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                  (IRS Employer Identification No.)
 of incorporation or organization)


                      1301 Travis, #1200, 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            119,600                   July 31, 2003

<PAGE>

                  TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
<TABLE>

                                      INDEX
                                                                            Page
                                                                           Number
<S>                                                                             <C>

PART I - FINANCIAL INFORMATION

         Item 1.Financial Statements

         Condensed Balance Sheets - June 30, 2003 and
         December 31, 2002 ............................................................1

         Condensed Statements of Operations - For the three months and
         six months ended June 30, 2003 and 2002 and for the period
         from
         inception (July 26, 1990) to June 30, 2003....................................2

         Condensed Statements of Cash Flows - For the six months ended
         June 30, 2003 and 2002 and for the period from inception (July 26, 1990)
         to June 30, 2003  ............................................................3

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

         Item 2.Management's Discussion and Analysis or Plan of Operations
                  of Operations........................................................5
         Item 3. Controls and Procedures...............................................5

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

         Item 1. Legal Proceedings.....................................................5
         Item 2. Changes in Securities.................................................5
         Item 3. Defaults Upon Senior Securities.......................................5
         Item 4. Submission of Matters to a Vote of Security Holders...................5
         Item 5. Other Information.....................................................5

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


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

Certifications.......................................................................7-8
</TABLE>


<PAGE>

                         PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

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



                                     Assets
<TABLE>

                                                               June 30,      December 31,
                                                                 2003           2002
                                                            ------------    ------------
<S>                                                         <C>             <C>


Current Assets
                                                            $        0       $       0
       Cash
                                                            ------------    ------------

       Total Current Assets                                          0               0
                                                            ------------    ------------

       Total Assets                                         $        0       $       0
                                                            ============    ============

                       Liabilities & Stockholders' Equity

       Current Liabilities

       Accounts Payable                                     $    17,500      $   12,500
                                                            ------------    ------------

Total Current Liabilities                                       $17,500          12,500
                                                            ------------    ------------

Stockholders' Equity
     Authorized shares 99,000,000
     $0.001 par value; 119,600 outstanding
     at 6-30-03 and at 12-31-02                                     120             120

Additional paid-in Capital                                       11,840          11,840

Deficit accumulated during development stage                    (29,460)        (24,460)
                                                            ------------    ------------

Total Stockholders' Equity                                     $(17,500)     $  (12,500)
                                                            ------------    ------------

Total Liabilities & Stockholders' Equity                     $         0     $         0
                                                            ============    ============
</TABLE>
                      See Notes to the Financial Statements

<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 (July
                                    June 30,                  Ended June 30,            26, 1990) Through
                                                                                            June 30,
                           ----------------------------   ------------------------    ------------------

                              2003            2002          2003          2002               2003
                           -----------    -------------   ----------    ----------    ------------------
<S>                        <C>            <C>             <C>            <C>           <C>

REVENUES                   $        0     $          0    $       0     $       0     $               0

EXPENSES
      Administrative
      Expenses             $    2,500     $          0    $   5,000     $       0     $          29,460
                           -----------    -------------   ----------    ----------    ------------------


       Total Expenses      $    2,500     $          0    $   5,000     $       0     $          29,460
                           -----------    -------------   ----------    ----------    ------------------

NET LOSS
                           $    2,500     $          0    $   5,000     $       0     $        (29,460)
                           ===========    =============   ==========    ==========    ==================

(LOSS) PER SHARE           $    (.02)     $          0    $   (.04)     $       0
                           ===========    =============   ==========    ==========

AVERAGE SHARES OUTSTANDING
                              119,600          119,600      119,600       119,600
                           ===========    =============   ==========    ==========

</TABLE>

<PAGE>

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

<TABLE>

                                                                                      From Inception
                                                       For the Six Months Ended       July 26, 1990)
                                                               June 30,                  through
                                                      ----------------------------

                                                          2003            2002        June 30, 2003
                                                      -----------      -----------    -----------------
<S>                                                   <C>              <C>            <C>

CASH FLOWS FROM FINANCING ACTIVITIES
Net Income (Loss)                                       $ ( 5,000)             $0            $(29,460)
Non-Cash expense                                                0               0               7,785
Increase in accounts payable                                5,000               0              20,675
                                                      -------------    -----------    -----------------

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
                                                      =============    ===========    =================

Supplemental Cash flow information stock issued for          $   0          $   0            $  10,960
accounts payable
                                                      =============    ===========    =================
</TABLE>




<PAGE>


           LATIN AMERICAN TELECOMMUNICATIONS VENTURE COMPANY - LATVCO.
                          (A Development Stage Company)
                   Notes to the Condensed Financial Statements
                                  June 30, 2003


1.   General

     The interim financial statements are prepared pursuant to the requirements
for reporting on Form 10-QSB. The December 31, 2002 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, 2002. 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.


2.       Accounts Payable

     Accounts payable represent amounts advanced to the Company by Management
and is convertible into common stock of the Company at the rate of ten shares of
common stock for every dollar advanced, exercisable at the option of the
advancing party.




<PAGE>


    ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Material Changes in Result of Operations

     During the three months and six months ended June 30, 2002 and 2003, the
Company had no operations other than the search for a business to acquire or
with which to combine.

     The Company reported no revenues for either the three month or six month
periods ended June 30, 2002 or 2003. However, the company incurred
administration.expenses of $2,500 and $5,000 respectively for the three and six
month periods of both 2002 and 2003.

Material Changes in Financial Condition, Liquidity and Capital Resources

     At June 30, 2003 the Company had no current assets and current liabilities
of $17,500 this compares with no assets and current liabilities of $12,500 as of
December 31, 2002.

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

ITEM 3. CONTROLS AND PROCEDURES

     Based on their evaluation, as of a date within ninety days of the filing of
this Report on form 10-Q, our Chief Executive Officer and Chief Accounting
Officer have concluded that our disclosure controls and proedures (as defined in
Rules (13a-14 and 15d-14 under the Securities Exchange Act of 1934) are
effective. There have been no significant changes in internal controls or in
other factors that could significantly affect these controls subseqent to the
date of their evalutation.

  Item 1.  Legal proceedings
  None

  Item 2.  Changes in Securities
  None

  Item 3.  Defaults Upon Senion Securities
  None

  Item 4.  Submission of Matters to a Vote of Security Holders
  None

  Item 5.  Other Information
  None


                           PART II - OTHER INFORMATION


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

                  a) Exhibits

                           None

                  b) Reports on Form 8-K

                           None



<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: July 30, 2003                       By: /s/ Hank Vanderkam
                                             -----------------------------------
                                             Hank Vanderkam
                                             Principal Executive Officer and
                                             Chief Financial Officer





<PAGE>


                                 CERTIFICATIONS

I, Hank Vanderkam, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Latin American
Telecommunications Venture Company

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

         a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this quarterly report is being prepared;

         b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and

         c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
as of the Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent function):

         a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

         b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal
controls; and

6. The registrant's other certifying officers and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

Dated: July 30, 2003

By: /s/ Hank Vanderkam
---------------------------
Hank Vanderkam
Chief Executive Officer


<PAGE>


I, Hank Vanderkam, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Latin American
Telecommunications Venture Company

2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

         a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this quarterly report is being prepared;

         b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and

         c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
as of the Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent function):

         a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

         b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal
controls; and

6. The registrant's other certifying officers and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

Dated: July 30, 2003

By: /s/ Hank Vanderkam
---------------------------
Hank Vanderkam
Chief Financial Officer