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____
VIVO, THE LEADING CELLULAR OPERATOR IN THE SOUTHERN HEMISPHERE ANNOUNCES ITS 20 MILLION CUSTOMERS |
Investor Relations Officer: | RONALD AITKEN |
São Paulo Brazil, December 10, 2003 Telesp Celular Participações S.A. (TCP), (BOVESPA: TSPP3 (ON) / TSPP4 (PN); NYSE: TCP), Tele Centro Oeste Celular Participações S.A. TCO (BOVESPA: TCOC3 (ON)/TCOC4 (PN); NYSE: TRO), Tele Sudeste Celular Participações S.A. - TSD (BOVESPA: TSEP3 (ON); TSEP4 (PN); NYSE: TSD), Tele Leste Celular Participações S.A. - Tele Leste (BOVESPA: TLCP3 (ON); TLCP4 (PN); NYSE: TBE) e Celular CRT Participações S.A. Celular CRT (BOVESPA: CRTP3 (ON)/CRTP5 (PN)), companies comprising the joint venture wholly-owned by Portugal Telecom and Telefônica Móviles, which operates under the brand: Vivo, announce today that they have achieved 20 million customers.
VIVO has achieved 20 million customers. This means that VIVO has become the largest company, by number of customers, not only in the telecommunication industry but also among several segments of the Brazilian economy. This benchmark is equivalent to 57% of the market share in its concession region and about 46% of all cellular lines in service in the domestic market.
More than a significant figure, such benchmark of 20 million customers evidences VIVOs leading market performance, which after nine months from its launching has made the joint venture between Portugal Telecom and Telefónica Móviles groups the largest cellular operator in the Southern Hemisphere.
Upon reaching such a historic benchmark, VIVO got closer to the group of the 10 largest cellular operators in the world, by number of customers, together with the giant companies in the industry in Europe, China, Japan and United States.
The company is responsible for generating more than 50 thousand direct and indirect jobs in Brazil as a whole. In order to assist the largest community of customers in Brazil, VIVO has about 7.4 thousand sales points and records more than 18 million calls/month in its customer assistance call centers.
The achievement of 20 million customers restates the strength of our brand, the market preference for our innovative dynamics as far as products and services are concerned, as well as all the integration efforts involving people and processes, which started even before the launching of the brand, says Francisco Padinha, VIVOs CEO. In less than one year, we have managed to significantly increase our customer basis, despite the increasing growth in competition, by investing in commercial offers and specially in the launching of innovative products and services, based on the CDMA technology, says Padinha.
VIVOs 20-million customer benchmark advances celebrations of the first year of activity of our operator, which in December is launching an institutional campaign as well as the following slogan: VIVO. It is you in the first place.
Contacts:
Ronald Aitken Investor
Relations Officer
ronald.aitken@vivo.com.br
(5511) 5105 1172
Fabiola Michalski Investor Relations
fmichalski@vivo.com.br
(5511) 5105 1207
Information available from the companys website: www.vivo.com.br
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.