PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
Brasília, D.F., 71.215-000
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
in paper as permitted by Regulation S-T Rule 101(b)(7)__.
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.
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If "Yes" is marked, indicated below the file number assigned to the
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| Investor Relations | ||
| (55 61) 3415-1140 | ||
| ri@brasiltelecom.com.br | ||
| Media Relations | ||
| (55 61) 3415-1378 | ||
| cesarb@brasiltelecom.com.br |
BRASIL TELECOM S.A.
CORPORATE TAXPAYER REGISTRATION 76.535.764/0001-43
BOARD OF TRADE 53.3.0000622-9
PUBLICLY HELD COMPANY
NOTICE TO THE MARKET
BRASIL TELECOM S.A. (“Company”), pursuant to article12, caput, of CVM Instruction 358, of January 3, 2002, hereby announces that TELE NORTE LESTE PARTICIPAÇÕES S.A. (“TNLP”) and its controlled company, TELEMAR NORTE LESTE S.A. (“TELEMAR”), a publicly-held company with headquarters at Rua General Polidoro 99, Botafogo, in the city and state of Rio de Janeiro, inscribed in the corporate roll of taxpayers (CNPJ/MF) under no. 33.000.118/0001 -79, informed the Company that its indirect subsidiary “COPART 2 PARTICIPAÇÕES S.A.” (“COPART 2”), with headquarters at Rua Humberto de Campos, 425, 5° andar (parte), Leblon, in the city and state of Rio de Janeiro, inscribed in the corporate roll of taxpayers (CNPJ/MF) under no. 09.165.087/0001 -21, on May 14, 2008, had acquired 16.488.300 preferred Company shares (BRTO4), thereby reaching a relevant interest equivalent to 5.30% of the Company’s total preferred capital.
TNLP and TELEMAR further announced that:
(i) As disclosed by TNLP and TELEMAR in a Material Fact published on May 8, 2008, TNLP and TELEMAR aim at acquiring up to 1/3 of the outstanding preferred shares of Brasil Telecom S.A.
(ii) Therefore, TNLP and TELEMAR announced that, with due regard for market conditions, they maintain their intention of acquiring, through indirect subsidiaries, preferred shares of Brasil Telecom S.A., either on the market or through an Offer, until the aforementioned number of shares is achieved.
(iii) TNLP and TELEMAR would like to clarify that, as disclosed in the Material Fact of May 8, 2008, the number of preferred shares that may come to be acquired on the market, direct or indirectly, shall be subtracted from the number of preferred shares that will be purpose of the Offer, respecting the limit of acquiring 1/3 of outstanding preferred shares of Brasil Telecom S.A.
(i) TNLP and TELEMAR also announced that they did not retain, directly or indirectly, any shares, warrants, share-convertible debentures, share subscription rights or stock options of any class or species issued by Brasil Telecom S.A.
(ii) TNLP and TELEMAR further announced that they had not entered into any agreement regulating the exercise of voting rights or the purchase or sale of securities issued by Brasil Telecom S.A.
Brasília, May 15, 2008.
Paulo Narcélio Simões Amaral
Investor Relations Officer
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BRASIL TELECOM S.A.
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By: |
/S/ Paulo Narcélio Simões Amaral
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Name: Paulo Narcélio Simões Amaral
Title: Chief Financial Officer |
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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.