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____
TELESP CELULAR PARTICIPAÇÕES S/A
TELE SUDESTE
CELULAR PARTICIPAÇÕES S/A
TELE LESTE
CELULAR PARTICIPAÇÕES S/A
CELULAR CRT
PARTICIPAÇÕES S/A
FERNANDO ABELLA UNDERTAKES STRATEGIC
POSITION
AT TELEFÓNICA MÓVILES - SPAIN
Fernando Abella was invited to undertake a new position in the management of Telefónica Móviles, headquartered in Madrid, where he will be in charge of controlling and developing the companys businesses in Latin America.
The selection of Fernando Abella, current Vice-President - Finance, Control and Resources and Investor Relations Officer of the above referred Companies, which operate under Vivobrand, for these new functions, is a result of his contribution to the Telefónica Group as well as of the important role he has played in the company in Brazil, with which he has been working for 5 years.
The decision is pending ratification by the Boards of Directors of the Vivo holding companies and, meanwhile, Fernando Abella shall continue exercising his duties until being replaced by his successor, Arcadio Martinez, who already works in Brazil, in the General Control Management of those Companies.
TELESP CELULAR PARTICIPAÇÕES S.A.
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By: |
/S/
Fernando Abella Garcia
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Fernando Abella Garcia
Investor Relations 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 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.