Form 20-F þ | Form 40-F o |
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MrCesarAliertaIMrJulioLinaresBoardofDirectorsofTelef6nicaSADlstrltoC,RondadeIa Comunlcad6nsIn,28050Madrid,SpainFax:0034917271600 VIAIACSIMILS Lisbon,16july2010 DearSlr, InreferencetoTelefonlcasOffer(Offer)toacquirethefifty- percentstakeInBrasllcel,NV,heldbyPortugalTelecom,SGPS, SA(PT),andfollowingtheExtraordlna!)ShareholdersMeeting thattookplaceon30June2010,PTsdesignatedrepresentatives haveengagedIndiscussionswllhrepresentativesofTelef6nlca,SA, tTelef6nlcaQ)toanalysefutureoptions(orVivoandtheOffer. ThediscussionswithTelef6nicahaveprogressedInaconstructive mannerandPrsBoardofDirectorsIscommittedtouseItsbest endeavourstoconcludethemInawaythatsatlsflestheIntereslSof allparties.Inlightofthis,andtocontinueworklngtowards apositiveoutcome,theBoardofDirectorsofPThasresolvedtoday torequestaflnalextensionofthevalidityoftheOfferuntil28 1uly201O.Yoursfaithfully,ConselhodelottugalTeJeCdm.5GPS, S.A.Av,401069-100 ·PO/tug)!:hl{HSU2.1500076&Fax{-+35112 13591049,,.()www.telecom ·pt.I http://www.telecom ·pt.I |
To the attention of: Mr. Henrique Granadeiro Chairman ofthe Board ofDirectols ofPortugal Telecom, SGPS S.A. Mr. Zeinal Bava ChiefExecutive Officer ofPortugal Telecom, SGPS S.A. The Board ofDirectors ofPotlugal Telecom, SGPS S.A. Av. Fontes Pereira de Melo, 40 1069 ·300 Lisbon July 17th, 2010 Dear Sirs, In reference to your letterdated July 16, 2010 requesting a final extension until July 28,2010 ofthe validity of the Telef6nicas offer to acquire 50% of the shares of Brasilcel, N.V. owned directly 01 indirectly by Portugal Telecom, SGPS S.A., as we have verbally communicated to you before the expiration of such offer, we hereby kindly confirm that the offer, in accordance with its terms and conditions, expired on July 16, 2010 at 23:59 h (Lisbon time). Yours sincerely TELEF6NICA, S.A. By_ Name! Title: C |
Telefónica, S.A. |
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Date: July 17th, 2010 | By: | /s/ Ramiro Sánchez de Lerín García-Ovies | ||
Name: | Ramiro Sánchez de Lerín García-Ovies | |||
Title: | General Secretary and Secretary to the Board of Directors | |||