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Proc-Type: 2001,MIC-CLEAR
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FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 August 5, 2004 Commission File Number: 001-10579 COMPANIA DE TELECOMUNICACIONES DE CHILE S.A. TELECOMMUNICATIONS COMPANY OF CHILE (Translation of registrant's name into English) Avenida Providencia No. 111, Piso 22 Providencia, Santiago, Chile (Address of principal executive offices) 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 if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No X Indicate by check mark whether by furnishing the information contained in this Form, the registrant 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 If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A Compañía de Telecomunicaciones de Chile, S.A. TABLE OF CONTENTS Item 1.- Material Event regarding the sale of Telefónica Móvil de Chile S.A. dated July 23, 2004. Item 1. Official letter to the Chilean Security Exchange Commission's regarding the sale of Telefónica Móvil de Chile S.A. Santiago, July 23, 2004 Mr. Superintendente de Valores y Seguros We inform that on July 23, 2004, Telefónica Móviles S.A. communicated to the Company the approval of the proposal suggested during the Extraordinary Shareholders Meeting to pay the taxes derived from the sale transaction amounting to US$51,000,000. Additionally, as of that date, the contract to sell the shares of Telefónica Móvil de Chile S.A. to TEM Inversiones Chile Limitada, a subsidiary of Telefónica Móviles S.A., was signed with the following conditions:
(Exact name of registrant as specified in its charter)
Sincerely,
Claudio Muñoz
Chief Excecutive Officer
NAME: Claudio Muñoz Zúñiga
I.D.: 9.618.122-1
SIGNATURE: By:/s/ Claudio Muñoz Zúñiga
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: August 5, 2004
COMPAÑÍA DE TELECOMUNICACIONES DE CHILE S.A.
By: /s/ Isabel Margarita Bravo
Name: Isabel Margarita Bravo
Title: Financial Manager
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