Indicate by check mark
whether the registrant by furnishing the
information contained in this Form 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___
If "Yes" is marked, indicated below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
Investor Relations | |
(55 61) 3415-1140 | |
ri@brasiltelecom.com.br | |
Media Relations | |
(55 61) 3415-1378 | |
cesarb@brasiltelecom.com.br |
BRASIL TELECOM S.A. | BRASIL TELECOM PARTICIPAÇÕES S.A. | |
Publicly Held Company | Publicly Held Company | |
Corporate Taxpayer Registration CNPJ/MF: | Corporate Taxpayer Registration CNPJ/MF: | |
76.535.764/0001-43 | 02.570.688/0001-70 | |
Board of Trade 53 3 0000622-9 | Board of Trade 53 3 0000581- 8 |
MATERIAL FACT
BRASIL TELECOM PARTICIPAÇÕES S.A. and BRASIL TELECOM S.A. (referred to herein, jointly, as Brasil Telecom), in compliance with article 157 of Law number 6.404/76 and CVM Instruction 358/02, and amendments thereto, transcribe below the Material Fact released by their shareholders on December 5th, 2007, with pertinent clarifications relating to the conclusion of the transaction and the respective conditions for the acquisition by Techold of the total shareholding interest held by Brasilco S.r.l., as follows:
ZAIN PARTICIPAÇÕES S.A. | INVITEL S.A | |
PUBLICLY-HELD COMPANY | PUBLICLY-HELD COMPANY | |
Corporate Taxpayer Registration CNPJ/MF: | Corporate Taxpayer Registration CNPJ/MF: | |
02.363.918/0001-20 | 02.465.782/0001-60 | |
Board of Trade 33.3.0027822-2 | Board of Trade 33.3.0016765-0 | |
TECHOLD PARTICIPAÇÕES S.A. | SOLPART PARTICIPAÇÕES S.A. | |
PUBLICLY-HELD COMPANY | Corporate Taxpayer Registration CNPJ/MF: | |
Corporate Taxpayer Registration CNPJ/MF: | 02.607.736/0001-58 | |
02.605.028/0001-88 | Board of Trade 33.3.0026036-6 | |
Board of Trade 33.3.0026046-3 |
MATERIAL FACT
ZAIN PARTICIPAÇÕES S.A. (Zain), INVITEL S.A. (Invitel), TECHOLD PARTICIPAÇÕES S.A. (Techold) and SOLPART PARTICIPAÇÕES S.A. (Solpart, and, when referring to the four entities together, the Companies), pursuant to paragraph 4 of article 157 of Law 6.404/76 and CVM Instruction 358/02, and amendments thereto, consequent to the Material Facts published by the Companies and Techold on July 18th and October 15th, 2007, respectively, hereby inform their shareholders and the market that:
Page 1 of 2 |
1. | On December 3rd, 2007, the Brazilian Telecommunications Agency ANATEL approved the acquisition by Techold of the entire stake held by Brasilco S.r.l. (Brasilco) in the capital of Solpart (Brasilco Shares), through Act 68,889, published in the Diário Oficial da União (Official Journal of the Union) on December 5th, 2007, pending compliance with all the conditions subsequent stipulated in the Share Purchase Agreement and the Letter Agreement signed on July 18th, 2007 to finalize the transaction. |
2. | On this date, Brasilco transferred Brasilco shares to Techold through annotation and signature in the Record of Transfer of Solpart Shares and the corresponding Record of Registered Shares. |
Techold paid the total amount of US$515 million stipulated in the Share Purchase Agreement and the Letter Agreement. As a consequence of this transfer, Techold holds approximately 99.98% of the total and voting capital of Solpart. | |
3. | With the transfer of Brasilco Shares to Techold, the Mutual Release Agreement, also signed on July 18th has come into effect, effectively putting an end to the existing disputes among the signatories to said agreement, including the Companies, Brasilco, Telecom Italia S.p.A., their subsidiaries and other parties mentioned in the Material Fact published by the Companies on July 18th, 2007. |
Rio de Janeiro, December 5th, 2007
ZAIN PARTICIPAÇÕES S.A. | INVITEL S.A | |
Mariana Sarmento Meneghetti | Mariana Sarmento Meneghetti | |
Investor Relations Officer | Investor Relations Officer | |
TECHOLD PARTICIPAÇÕES S.A. | SOLPART PARTICIPAÇÕES S.A. | |
Mariana Sarmento Meneghetti | Kevin Michael Altit | |
Investor Relations Officer | Board Member |
Note that Brasil Telecom and Fundação 14 de Previdência Privada are also signatories party to the said Mutual Release Agreement.
Brasília, December 5th, 2007
Paulo Narcélio Simões Amaral
Investor Relations Officer
Brasil Telecom Participações S.A.
Brasil Telecom S.A.
Page 2 of 2 |
BRASIL TELECOM S.A.
| ||
By: |
/S/ Paulo Narcélio Simões Amaral
|
|
Name: Paulo Narcélio Simões Amaral
Title: Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.