Common use of OBJECTIVES AND PURPOSES Clause in Contracts

OBJECTIVES AND PURPOSES. Mainly for the purpose of meeting the yearly targets established by Agê ncia Nacional de Telecomnicações (“ANATEL”), more specifically, (i) expanding the telecommunication network and (ii) improving the telecommunication quality in relation to the Borrower’s fixed line business including the data network, the Borrower will execute the capital expenditures as set forth in 2 below during 2003 and 2004.

OBJECTIVES AND PURPOSES. Mainly for the purpose of meeting the yearly targets established by Agê ncia Agência Nacional de Telecomnicações (“ANATEL”), more specifically, (i) expanding the telecommunication network and (ii) improving the telecommunication quality in relation to the Borrower’s fixed line business including the data network, the Borrower will execute the capital expenditures as set forth in 2 below during 2003 and 2004.