FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of June, 2006

Commission File Number: 001-14404

Telefónica del Perú S.A.A.

(Translation of registrant’s name into English)

Avenida Arequipa 1155

Santa Beatriz, Lima, Perú

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F x X Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ¨ No x X

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ¨ No x X

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes ¨ No x X

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

Tel ~~Telefónica~~efónica del Perú

TABLE OF CONTENTS

Item 1. Translation of a letter to CONASEV, dated June 520, 2006, regarding the ~~decisions~~reduction of ~~the~~capital ~~Board of Directors’ Meeting held on that date~~stock. 2. ~~Minutes and resolutions of the General Shareholders’ Meeting. 3.~~ Translation of a letter to CONASEV, dated June 1920, 2006, regarding the ~~redemption~~decisions ~~serial “D”~~ of the ~~30th~~Board ~~issue~~ of ~~the~~Directors’ ~~second~~Meeting ~~program~~held ofon ~~commercial~~that ~~papers~~date.

Lima, June 5, 2006

Item 1

~~Messers.~~Lima, June 20, 2006

PUBLIC REGISTRY OF THE STOCK MARKET

NATIONAL SUPERVISORY COMMISSION

ON COMPANIES AND SECURITIES (CONASEV)

Re: Key Events

Dear Sirs,

~~According~~As toit ~~Article~~is 28publicly ofknown, the ~~Peruvian~~Board ~~Capital~~of ~~Market~~Directors ~~Law and~~ of ~~the CONASEV Resolution No. 107-2002-EF/94.10~~ Telefónica del Perú S.A.A., ~~informs~~on ~~you that~~June 5th, ~~today~~2006, agreed on the ~~Board~~reduction of ~~Directors~~capital ~~adopted~~stock in the ~~following~~amount ~~decisions~~of S/. 594,758,268.01, which ~~are~~will ~~considered~~be ~~key~~used ~~events:~~to refund the shareholders’ contribution in prorate for their participation in the capital stock.

•Considering ~~Approved~~that ~~to call for a shareholders’ meeting,~~ the ~~same~~capital ~~which~~stock inof ~~first~~Telefónica ~~call~~del Perú ~~will~~S.A.A. beis ~~carried~~of ~~out~~S/. ~~on July 6~~1, ~~2006~~704, ~~9:00 hours~~901, ~~at Enrique Villar, cuadra 2 s/n, Santa Beatriz, Lima~~946.00 If(one ~~the~~thousand ~~quorum~~seven ~~required~~hundred byfour ~~law~~million isnine ~~not~~hundred ~~met,~~one ~~such~~thousand ~~meeting~~nine ~~will~~hundred beforty ~~carried~~six ~~out on July 10~~ and ~~14,~~y ~~2006~~00/100 inNuevos ~~second~~Soles) and ~~third~~is ~~call~~represented by 1,704,901,946 ~~respectively~~shares, in the ~~place~~payment ~~and~~of ~~time~~S/. 0.3488518911045930 per ~~indicated~~share ~~above~~corresponds. ~~This~~It ~~meeting~~is ~~will~~important ~~decide~~to ~~the~~remark ~~increase~~that of the ~~capital~~refund ~~stock by capitalization~~ of ~~the~~contributions ~~result~~will bybe ~~exposition~~carried toout ~~inflation accumulated as of December 31, 2004~~ in anUS ~~amount~~Dollars ofusing ~~S/. 202, 630, 820.43; and about~~ the ~~delegation~~exchange ofrate ~~faculties~~sale ~~for~~published ~~the~~by ~~amendment of~~ the ~~first~~Superintendencia ~~paragraph~~de ofBanca ~~Article~~y 5Seguros ofon ~~the~~July ~~Company’s~~19, ~~Bylaws~~2006.

•It Ashas ~~part~~been ofdetermined ~~the~~that, ~~capital~~July ~~stock~~25, ~~reduction~~2006 ~~program~~will bybe the ~~Shareholders’~~date ~~Meeting on March 24, 2006, the Board~~ of ~~Directors,~~register inand ~~exercise~~exchange of ~~its~~nominal ~~faculties,~~value ~~approved the reduction~~ of the ~~capital~~share ~~stock~~and inrefund ~~an amount~~ of ~~S/. 594~~contributions,~~758,268.01,~~ which will be ~~used~~effective toon ~~refund~~July 27, ~~the shareholders’ contribution in prorate to their participation in the capital stock~~2006. ~~Such reduction of capital stock will be materialized through the decrease of the nominal value of the share.~~

~~Sincerely~~On July 6, 2006 we will report the nominal value of the share, since the Shareholders Meeting has been called for that day to agree on the increase of the capital stock, this operation will be executed in the same date prior to the reduction of the capital stock referred in this communication.

Sincerely, Julia María Morales Valentín

Stock Market Representative

Telefónica del Perú S.A.A.

GENERAL SHAREHOLDERS’ MEETING

Item 2

~~MOTION~~Lima, 1June 20, 2006

INCREASE OF THE CAPITAL STOCK BY CAPITALIZATION OF PROFIT FROM EXPOSURE TO INFLATION ACCRUED THROUGH DECEMBER 31, 2004 AND DELEGATION OF POWERS FOR THE MODIFICATION OF THE FIRST PARAGRAPH OF ARTICLE 5 OF THE BYLAWS

The Board has called a general meeting of shareholders in accordance with law, to have the latter resolve on the capitalization of profit accrued from exposure to inflation and the delegation of powers for amending the first paragraph of Article 5 of the bylaws;

As may be inferred from the company’s audited financial data, the effect of the redenomination of the accrued exposure to inflation of the capital account as of December 31, 2004 is S/. 202, 630, 820.43, which amount is liable to be capitalized with the prior agreement of the general meeting of shareholders.

To more accurately reflect the equity position of the company, the Board has determined the convenience of submitting for the consideration of the Meeting the capitailzation of the redenomination resulting from the inflation accrued as of December 31, 2004.

The capital amount increase shall be accomplished raising the par value of the stock, without altering the interest of each shareholder and without giving rise to exercising the option of a preemptive subscription, since no new contributions are involved.

Pursuant to the approval granted by the general shareholders’ meeting of April 24 2006, as a result of the corporate merger of Telefónica

Empresas Perú S.A.A. the capital stock of Telefónica del Perú S.A.A. was increased to S/. 1,705,438,650.00. This amount shall soon be adjusted to S/. 1,704,901,946.00 as a result of the amortization of stock of shareholders who exercised their right to reserve stock as provided for in articles 356 and 200 of the Business Corporations Law.

Considering the favorable effects of capitalizing profits from accrued inflation and that such operation shall take place subsequently to the capital adjustment referred to in the preceding paragraph, the following is proposed to the General Meeting of Shareholders:

AGREEMENT:

1. To approve the capitalization of the profit earned from exposure to inflation accrued through December 31, 2004 and, consequently, the increase of capital stock by the amount of S/. 202,630,820.43; that is, from S/. 1,704,901,946.00 to S/. 1,907,532,744.43.

2. To approve that the referred to capital stock increase be made raising the par value of the share, maintaining the same number of shares of the capital stock and without changing the shareholders’ interest in the capital stock. Based on the foregoing, the par value of the share shall be increased by S/. 0.1188518911045930; that is, from S/. 1.00 to S/. 1.1188518911045930.

3. The capital stock increase approved at this Meeting shall take place on the same date; however preliminarily to the capital stock reduction agreed to by the board at its meeting held on June 5, 2006 in exercise of the powers vested upon it by the meeting held on March 24, 2006. To that end, sufficient authority is delegated upon Messrs. Antonio Carlos Valente Da Silva, a Brazilian citizen identified by Alien Card 000258566; Michael Duncan Cary-Barnard, identified by National Identity Card 10803501; José Fermín Álvarez –Carril, a Spanish citizen identified by National Identity Document 000149686; and Julia María Morales Valentín, identified by National Identity Document 08768750, to give either one of them, without distinction, full powers to set the date when the capital

increase agreed upon at this meeting shall become effective; determine the date, registration and exchange of such benefit; order the publication of any applicable notices; and represent the Corporation and execute on its behalf whatever public or private documents as are necessary for giving effect to and providing full compliance with the agreements adopted at this meeting.

4. To delegate authority upon the Board to enable it determine the resulting capital stock figure and the par value of each share subsequently to the completion of the operation referred to in the preceding item, and to adopt the agreement relative to the amendment of the first paragraph of Article 5 of the bylaws.

5. Evidence is hereby provided that the exercise of the preemptive subscription right is not applicable, since this capital increase is not made as a result of new contributions.

Item 3

Lima, June 19, 2006

PUBLIC REGISTRY OF THE STOCK MARKET

NATIONAL SUPERVISORY COMMISSION

ON COMPANIES AND SECURITIES (CONASEV)

Dear ~~Sir:~~Sirs,

According to ~~Article 28 of the~~ Peruvian Capital Markets Law and regarding the Rules related to Key Events, Private Information and other Communications ~~approved by CONASEV Resolution No. 107-2002-EF/94.10,~~ Telefónica del Perú S.A.A. informs you ~~about~~that ~~the following~~today ~~redemption~~its ~~serial~~Board ~~“D”~~ of ~~the~~Directors ~~30th~~adopted ~~issue~~the offollowing ~~the~~decisions ~~second~~which ~~program~~are ofconsidered ~~commercial~~key ~~papers~~events:

Serial		Term		Date of Issue		Date of Maturity		Nominal Value
D		360		06.08.05		06.03.06		S/.25,000,000.00

•

Acceptance of the resignation of Mr. Álvaro Badiola Guerra as Vicepresidente de Control de Gestión, who was promoted by the Group to a position in Telefónica Internacional S.A.; and appointed Mr Juan Parra Hidalgo, Chilenean, identified with Passport No. 7986115-4, to the position.

~~Sincerely~~• In execution of the faculties granted by the shareholders meeting on March 24, 2006, the Board of Directors approved the amortization of 536,704 class B shares of Telefónica del Perú S.A.A., which corresponded to the shareholders that according to law exercised their right of separation. Consequently, the Board of Directors approved the reduction of the capital stock in the amount of S/. 536,704.00 (five hundred thirty six thousand seven hundred four and 00/100 Nuevos Soles), this is from S/. 1,705,438 650.00 (one thousand seven hundred five million four hundred thirty eight thousand six hundred fifty and 00/100 Nuevos Soles) to S/. 1,704,901,946.00 (one thousand seven hundred four million nine hundred one thousand nine hundred forty six and y 00/100 Nuevos Soles), as well as the amendment of the first paragraph of Article 5 of the company’s bylaws.

~~Julia~~The ~~María~~capital ~~Morales~~stock ~~Valentín~~of Telefónica del Perú S.A.A. is of S/. 1,704,901,946.00 (one thousand seven hundred four million nine hundred one thousand nine hundred forty six and y 00/100 Nuevos Soles), represented by the same number of shares of a nominal value of S/. 1.00 each, according to the following detail:

Stock Market Representative


Class	Shares	Amount ( S/. )	%
A-1	669,762,378	669,762,378.00	39.285	%
B	1,034,877,965	1,034,877,965.00	60.700	%
C	261,603	261,603.00	0.015	%

Total :	1,704,901,946	1,704,901,946.00	100.00	%

~~Telefónica~~Enclosed ~~del~~please ~~Perú~~find Sthe information in the format on Economic Group.~~A.A.~~ 1

Sincerely,

Julia María Morales Valentín

Stock Market Representative

Telefónica del Perú S.A.A.

¹	Item not enclosed herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Telefónica del Perú
Date: June 21, 2006	By:	/s/ Julia María Morales Valentín
Date: June 27, 2006	By:	/s/ Julia María Morales Valentín
	Name:	Julia María Morales Valentín
	Title:	General Counsel of Telefónica del Perú S.A.A.

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