SCN QUADRA 04 - Ed. Centro Empresarial Varig, sala 702-A
Cep: 70.714-000 - Brasília (DF) - Brazil
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TELE NORTE CELULAR PARTICIPAÇÕES S.A.
CNPJ/MF 02.558.154/0001 -29
(Publicly Held Company)
COMMUNICATION TO THE MARKET
Tele Norte Celular Participações S.A. (Company) is publicly informing that it received a letter from its holding company, Telpart Participações S.A., with taxpayer's registry at CNPJ/MF under no. 02.591.814/0001 -73, formally notifying the Company that it had been approved, in an Extraordinary Shareholders' Meeting of Telpart Participações S.A., the contracting of Merrill Lynch & Co. and/or its affiliates to perform analysis and adoption of measures with the purpose of evaluating the strategic alternatives related to its investments in Telemig Celular S.A. and in Amazônia Celular S.A., as well as to assist in any possible alienation procedure of its direct or indirect interest held in the capital of the aforementioned companies.
Management of the subscriber will communicate the market again as soon any relevant information on the matter is disclosed.
Belo Horizonte, May 21, 2007.
Oscar Thompson
Director of Investors Relations of
Tele Norte Celular Participações S.A.
TELE NORTE CELULAR PARTICIPAÇÕES S.A. | ||||
By: | /s/ Oscar Thompson | |||
Name: | Oscar Thompson | |||
Title: | CEO and Head of Investor Relations |
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.