Untitled Document

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
 
For the month of October, 2008

Commission File Number 1-14493
VIVO PARTICIPAÇÕES S.A.
(Exact name of registrant as specified in its charter)
 

VIVO Holding Company
(Translation of Registrant's name into English)
 

Av. Roque Petroni Jr., no.1464, 6th floor – part, "B"building
04707-000 - São Paulo, SP
Federative Republic of Brazil
(Address of principal executive office)

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

Form 20-F ___X___ Form 40-F _______

 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____

 

 

VIVO PARTICIPAÇÕES S.A.
Publicly-held Company
CNPJ/MF nº 02.558.074/0001-73 - NIRE 35.3.0015879-2

 

RELEVANT FACT

 

The Management of Vivo Participações S.A. (“Company”), in the form and for the purposes of CVM Instruction no. 358,02, hereby informs to the public that at a meeting of the Board of Directors held on October 14, 2008 it authorized its wholly-owned subsidiary, VIVO S.A., to enter into a facility agreement with Banco do Nordeste do Brasil S.A. (“BNB”), under the terms of the “Fundo Constitucional do Nordeste” (Northeast Constitutional Fund), in the amount of up to three hundred eighty-nine million reais (R$ 389,000,000.00), for purpose of expansion of the network already existent in the states of Bahia, Sergipe and Maranhão, as well as for implementing a new network in the states of Piauí, Ceará, Rio Grande do Norte, Paraíba, Pernambuco and Alagoas.

 

São Paulo, October 14, 2008.

Ernesto Gardelliano
Investor Relations Officer
Vivo Participações S.A.

 

www.vivo.com.br/ri

 

SIGNATURE

 
 
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.

Date: October 15, 2008

 
VIVO PARTICIPAÇÕES S.A.
By:
/S/ Ernesto Gardelliano
 
Ernesto Gardelliano
Investor Relations Officer
 

 
FORWARD-LOOKING STATEMENTS

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 of future 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.