Cyrte buys 142,684 Telemig Celular American Depositary Shares

By Lisa Kerner

Charlotte, N.C., April 27 - Shareholders led by Cyrte Investments BV bought 142,684 American Depositary Shares of Telemig Celular Participacoes SA between Feb. 5 and April 22 priced from $32.50 to $39.80 each.

The open-market transactions were reported in a schedule 13D/A filed on Monday with the Securities and Exchange Commission.

Cyrte beneficially owns 1,179,499 ADSs representing 2,358,998 preferred shares, or 9.91%, of the Brasilia-based wireless telephone company.

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