SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 2002
(Commission File No. 001-14489)
TELE CENTRO OESTE CELULAR PARTICIPACOES S.A.
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(Exact name of registrant as specified in its charter)
TELE CENTRO OESTE CELLULAR HOLDING COMPANY
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(Translation of registrant's name in English)
SCS-QUADRA 2, BLOCO C, EDIFICIO ANEXO-TELEBRASILIA CELULAR
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-7 ANDAR, BRASILIA, D.F.
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FEDERATIVE REPUBLIC OF BRAZIL
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(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(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
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TELE CENTRO OESTE CELULAR PARTICIPACOES S.A.
CNPJ/MF 02.558.132/0001-69
A Publicly-Held Company
RELEVANT FACT
The Board of Tele Centro Oeste Celular Participacoes S.A. in an assembly
held on October 2, 2002 and in accordance with Item VII under Article number 17
of the Company's bylaws and with CVM Instructions 10/80, 268/97 and 358/02,
decided to acquire, at their current market price, a maximum of 23,569,629,000
shares issued by the Company, of which 441,329,000 shares will consist of common
shares and 23,128,300,000 shares will consist of preferred shares, intended for
further cancellation or maintenance in treasury and subsequent divestment,
resulting in no reduction of the Company's Capital Stock and leaving full
responsibility to the Board of Directors to decide on the best opportunity and
on the amount of stock to be effectively acquired. The above-mentioned
acquisitions aim at investing resources available in cash whenever rates do not
appropriately reflect the Company's financial and economic performance. The
present authorization will remain effective for a maximum period of three
months, starting on October 4, 2002. Operations will be carried out in the Sao
Paulo Stock Exchange - BOVESPA - and mediated by brokerage agencies SUDAMERIS
CORRETORA DE CAMBIO E VALORES MOBILIARIOS S.A., ESTABLISHED AT AV. ENGENHEIRO
LUIZ CARLOS BERRINI 1297 - 2 ANDAR - CEP 04571-010 - SAO PAULO-SP; UNIBANCO
CORRETORA DE VALORES MOBILIARIOS S/A, ESTABLISHED AT RUA DA QUITANDA, 157 - 3
ANDAR CENTRO - CEP 01012-010 - SAO PAULO-SP; BRASCAN S/A CORRETORA DE TITULOS E
VALORES, ESTABLISHED AT AV. DAS NACOES 1995 - 19 ANDAR - CEP 04578-000 - SAO
PAULO - SP; FAIR CORRETORA DE CAMBIO E VALORES LTDA, ESTABLISHED AT ALAMEDA
SANTOS NO 1.800 - 8 E 9 ANDARES - CERQUEIRA CESAR - CEP 01418-200 - SAO PAULO -
SP AND UBS WARBURG CORRETORA DE CAMBIO E VALORES MOBILIARIOS S/A, ESTABLISHED AT
PRAIA DE BOTAFOGO NO 228 - 16 ANDAR - ALA B - BAIRRO DE BOTAFOGO - CEP 22359-900
- RIO DE JANEIRO - RJ.
Brasilia, October 2nd, 2002.
MARIO CESAR PEREIRA DE ARAUJO
President and Head of Investor Relations
[LOGO OMITTED]
TELE CENTRO OESTE CELULAR PARTICIPACOES S.A.
C.N.P.J. 02.558.132/0001-69 / N.I.R.E. 53 3 0000580 0
MINUTES OF THE 170th (ONE HUNDREDTH AND SEVENTIETH) EXTRAORDINARY BOARD MEETING
1. DATE, TIME, AND LOCATION OF THE MEETING: The meeting was held at 18:00
(eighteen hundred hours) of October 02, 2002, at the Company's headquarters,
located at SETOR COMERCIAL SUL, QUADRA 02, BLOCO C, NO 226, EDIFICIO
TELEBRASILIA CELULAR, 7 ANDAR, CEP 70302-916, in the city of Brasilia, in the
Federal District of Brazil. 2. CALL FOR ATTENDANCE: The meeting was called by
Mr. ALEXANDRE BELDI NETTO, Chairman of the Company's Board of Directors. 3.
OPENING: The meeting opened with the presence of all members of the Board of
Directors. 4. THE TABLE: Mr. Alexandre Beldi Netto, chairman of the Company's
Board of Directors conducted the proceedings, and invited Mr. MARIO CESAR
PEREIRA DE ARAUJO to act as secretary. 5. DELIBERATIONS: the members of the
Board of Directors unanimously and with no restrictions decided to approve in
compliance with the terms under item VII of Article 17 of the Company's bylaws
and with CVM instructions 10/1980, 268/97, and 358/02, the acquisition by the
Company of up to 23,569,629,000 (twenty-three billion, five hundred and
sixty-nine million, six hundred and twenty-nine thousand shares issued by the
company at their market value, of which 441,329,000 (four hundred and forty-one
million, three hundred and twenty-nine thousand) are common shares and
23,128,300,000 (twenty-three billion, one hundred and twenty-eight million,
three hundred thousand) are preferred shares, with the option of further
cancellation or maintenance in treasury and subsequent divestment, resulting in
no reduction of the Company's Capital Stock and leaving full responsibility to
the Board itself as to deciding on the best opportunity and on the amount of
stock to be effectively acquired. The above-mentioned acquisitions have the
purpose of investing resources available in cash whenever rates do not
appropriately reflect the Company's financial and economic performance.
Operations will be carried out in the Sao Paulo Stock Exchange - BOVESPA - and
mediated by brokerage agencies SUDAMERIS - CORRETORA DE CAMBIO E VALORES
MOBILIARIOS S.A., established at AV. ENGENHEIRO LUIZ CARLOS BERRINI 1.297 - 2
ANDAR - CEP 04571-010 - SAO PAULO-SP; UNIBANCO - CORRETORA DE VALORES
MOBILIARIOS S.A., established at RUA QUITANDA, 157 - 3 ANDAR CENTRO - CEP
01012-010 - SAO PAULO-SP; BRASCAN S.A. - CORRETORA DE TITULOS E VALORES,
established at AV. DAS NACOES 1.995 - 19 ANDAR - CEP 04578-000 - SAO PAULO-SP;
FAIR - CORRETORA DE CAMBIO E VALORES LTDA, established at ALAMEDA SANTOS NO
1.800 - 8 E 9 ANDARES - CERQUEIRA CESAR - CEP 01418-200 - SAO PAULO-SP E UBS
WARBURG - CORRETORA DE CAMBIO E VALORES MOBILIARIOS S/A., established at PRAIA
DO BOTAFOGO NO 228 - 16 ANDAR - ALA B - BAIRRO BOTAFOGO - CEP 22359-900 - RIO DE
JANEIRO-RJ, supported by the values of existing reserves available at the
[LOGO OMITTED]
company's Equity Balance, as provided by Article 7 of CVM Instruction number
10/80. The present authorization shall remain effective for a maximum period of
3 (three) months, starting at October 04, 2002 and expiring at January 03, 2003.
II. At the present date the Company owns a total of 305,601,032,300 (three
hundred and five billion, six hundred and one million, thirty-two thousand,
three hundred) outstanding shares, of which 54,976,033,827 (fifty-four billion,
nine hundred and seventy-six million, thirty-three thousand, eight hundred and
twenty-seven) are common shares and 250,624,998,473 (two hundred and
fifty billion, six hundred and twenty-four million, nine hundred and
ninety-eight thousand, four hundred and seventy-three) are preferred shares. 5.
CLOSING: With no further issues to address, the assembly was closed and the
present minutes were drawn, read and considered appropriate and signed by all
the present members. Brasilia-DF, October 02, 2002.
ALEXANDRE BELDI NETTO
Chairman of the Board of Directors
MARCO ANTONIO BELDI ANTONIO FABIO BELDI
Board member Board member
MARIO CESAR PEREIRA DE ARAUJO NELSON GUARNIERI DE LARA
Board member Board member
ARALDO ALEXANDRE M. DE SOUZA RICARDO DE SOUZA ADENES
Board member Board member
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THIS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS. STATEMENTS THAT ARE NOT
STATEMENTS OF HISTORICAL FACT, INCLUDING STATEMENTS ABOUT THE BELIEFS AND
EXPECTATIONS OF THE COMPANY'S MANAGEMENT, ARE FORWARD-LOOKING STATEMENTS. THE
WORDS "ANTICIPATES," "BELIEVES," "ESTIMATES," "EXPECTS," "FORECASTS," "INTENDS,"
"PLANS," "PREDICTS," "PROJECTS" AND "TARGETS" AND SIMILAR WORDS ARE INTENDED TO
IDENTIFY THESE STATEMENTS, WHICH NECESSARILY INVOLVE KNOWN AND UNKNOWN RISKS AND
UNCERTAINTIES. ACCORDINGLY, THE ACTUAL RESULTS OF OPERATIONS OF THE COMPANY MAY
BE DIFFERENT FROM THE COMPANY'S CURRENT EXPECTATIONS, AND THE READER SHOULD NOT
PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING
STATEMENTS SPEAK ONLY AS OF THE DATE THEY ARE MADE, AND THE COMPANY DOES NOT
UNDERTAKE ANY OBLIGATION TO UPDATE THEM IN LIGHT OF NEW INFORMATION OR FUTURE
DEVELOPMENTS.
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.
Tele Centro Oeste Cellular Holding Company
Date: October 4, 2002 By: /S/ MARIO CESAR PEREIRA DE ARAUJO
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Name: Mario Cesar Pereira de Araujo
Title: President