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.
Yes ______ No ___X___
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 |
Free Translation
| 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 | |
Brasil Telecom Clarifies CVM’s Queries
In compliance with the Brazilian Securities and Exchange Commission’s (Comissão de Valores Mobiliários - CVM) letters CVM-SEP-GEA-2-Nº 367-07 and CVM-SEP-GEA-2-Nº 368-07 of October 25, 2007, Brasil Telecom Participações S.A. and Brasil Telecom S.A. (together referred to as “Company”) hereby clarify that they were not informed by their majority shareholders that the acquisition of all the shares issued by Solpart Participações S.A. (“Solpart”) held by Brasilco S.r.l. (“Brasilco Shares”) has been concluded.
Till the present moment, the Company has only been informed that Techold Participações exercised its preemptive right to acquire all the Brasilco Shares, as envisaged in the Shareholders Agreement of Solpart, under the terms and conditions and for the price specified in the Share Purchase Agreement and the Letter Agreement, both signed on July 18, 2007.
The Company will inform the market as soon as it receives information that the acquisition of Brasilco Shares has been concluded and will update the Annual Information (IAN) form, in compliance with article 16 of CVM Instruction No. 202/93.
Brasília, November 1st, 2007.
Paulo Narcélio Simões Amaral
Investor Relations Officer
Brasil Telecom Participações S.A.
Brasil Telecom S.A.
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BRASIL TELECOM PARTICIPAÇÕES 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.