Untitled Document

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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 September, 2007

Commission File Number 1-14493
VIVO PARTICIPAÇÕES S.A.
(Exact name of registrant as specified in its charter)
 

VIVO Holding Company
(Translation of Registrant's name into English)
 

Av. Roque Petroni Jr., no.1464, 6th floor – part, "B"building
04707-000 - São Paulo, SP
Federative Republic of Brazil
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

 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____

 

After the acquisition of a spectrum in the Northeast region and in other complementary areas, Vivo now has a Nationwide Operation

September 25, 2007 –VIVO Participações S.A. (“Vivo”) announces that, after price bids were opened on this date at the head-office of Anatel, it was the winning bidder of the Band L lots, except for lot 16 (area of Londrina-PR) and of lot 20 (North of Brazil). Band L comprises lots in the frequency range from 1895 to 1900 Mhz and from 1975 to 1980 Mhz, with 5 + 5 Mhz width, in all the regions served by the SMP. Accordingly, Vivo managed to complete its last coverage gap and will be soon operating in the whole Brazilian territory.

In order to achieve this benchmark, Vivo has paid 50.60% average premium over the minimum price set in the auction call notice. Vivo offer was around R$ 169.7 million for all Band L lots acquired. However, pursuant to the rules provided for in the auction call notice, the price to be paid refers to the remaning term of the pre-existing authorizations for each lot acquired, which term is always counted as from the date of execution of the Term of Authorization referring to this bidding process. Therefore, the price to be paid by Vivo shall be around R$ 85.3 million, with a downpayment of 10% (R$ 8.5 million). Such downpayment is to be made at the time of the execution of the Terms of Authorization and the balance will be payable in 6 annual installments, with a grace period of 3 years, adjusted to the general price index (IGP-DI) rate plus 1% monthly.

The Official Result of the Auction will be disclosed by Anatel in the Diário Oficial da União(Federal Official Gazette) in the next days and contracts will be executed within up to 10 days after the referred publication.

The Lots acquired by Vivo are summarized in the table below:

TABLE OF FREQUENCY LOTS ACQUIRED BY VIVO

Lots   Service Area   Location   Radiofrequency Sub-Range   Width in MHz   Minimum Price per  Block  (R$ Thousand)   Premium   Bid Price (R$ Thousand)   Expiration Date of Current License   Minimum Price per Lot(1) (R$ Thousand)   Vivo Cost (R$ Thousand) (¹)   Vivo Disbursement in 2007 (R$ Thousand) (²)
8 I Gde SP and Surroundings 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 19,058 50% 28,587 8/5/2008 1,112 1,668 167
9 II Interior of SP except for CTBC area 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 13,993 50% 20,989 8/5/2008 816 1,224 122
10 III CTBC SP area 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 514 50% 772 new 514 772 77
11 IV RJ ES 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 21,457 50% 32,186 11/29/2020 19,129 28,693 2,869
12 V MG except for CTBC area 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 11,871 50% 17,807 new 11,871 17,807 1,781
13 VI CTBC MG area 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 1,238 50% 1,856 new 1,238 1,856 186
14 VII PR and SC 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 12,540 50% 18,810 4/8/2013 4,696 7,043 704
15 VIII Code 043 (Except for Sercomtel area) 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 1,199 50% 1,799 4/8/2013 449 674 67
17 X RS 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 10,133 50% 15,199 12/17/2007 156 234 23
18 XI TCO states, except for CTBC area 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 7,824 50% 11,737 7/24/2021 7,319 10,978 1,098
19 XII CTBC MS and GO 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 81 886% 800 new 81 800 80
21 XIV BA SE 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 4,106 50% 6,159 12/15/2008 340 510 51
22 XV NE 1895 to 1900 MHz / 1975 to 1980 MHz 5 + 5 8,677 50% 13,015 new 8,677 13,015 1,301
Total         112,692   169,716   56,397 85,274 8,527

Comments: 

(¹) Maximum estimated amounts since the date the price bids were opened (09/25/2007) up to the expiration date of the most distant authorization in each lot. The amounts may be reduced depending on the date of execution of the Instrument of Authorization and the criterion to be adopted by Anatel in order to calculate the price to be paid for the lots for which there is more than one license with different expiration dates.

(²) Payment of 10% upon the execution of the Term of Authorization and the balance (90%) in 6 annual installments, with 3-year grace period. 

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.

Date: September 26, 2007

 
VIVO PARTICIPAÇÕES S.A.
By:
/S/ Ernesto Gardelliano
 
Ernesto Gardelliano
Investor Relations Officer
 

 
FORWARD-LOOKING STATEMENTS

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.