SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 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 JANUARY 2001

                         (Commission File No. 001-14489)

                  TELE CENTRO OESTE CELULAR PARTICIPACOES S.A.
                  --------------------------------------------
             (Exact name of registrant as specified in its charter)

                   TELE CENTRO OESTE CELLULAR HOLDING COMPANY
                   ------------------------------------------
                  (Translation of registrant's name in English)

           SCS-QUADRA 2, BLOCO C, EDIFICIO ANEXO-TELEBRASILIA CELULAR
                            -7 ANDAR, BRASILIA, D.F.
                          FEDERATIVE REPUBLIC OF BRAZIL
                    (Address of Principal Executive Offices)


    (Indicate by check mark whether the registrant files or will file annual
                 reports under cover of 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
                                     ---    ---









                                  Page 1 of 3

<PAGE>

                                                     TCOC3: R$ 8.55/1,000 shares
                                                     TCOC4: R$ 7.64/1,000 shares
                                   TRO: US$ 11 15/16 /ADR (1 ADR = 3,000 shares)


INVESTOR RELATIONS:                                        WEB SITE
ARTHUR FONSECA -                                           HTTP://WWW.TCO.NET.BR
ARTHUR.FONSECA@TCO.NET.BR
+55 61 313 7765




               R$ 250 MM ISSUED IN COMMERCIAL PROMISSORY NOTES
                             TO THE DOMESTIC MARKET



BRASILIA, JANUARY 12, 2001 - Tele Centro Oeste Celular Participacoes S.A. (NYSE:
TRO; IBOVESPA:  TCOC3/TCOC4),  the company operating wireless telecommunications
services in the  Central-Western and Northern regions of Brazil and in the state
of Maranhao,  today announces the issuing of R$ 250 million in Promissory  Notes
to the domestic  market,  in the form of 180-day  securities.  This operation is
coordinated by the following banking institutions: BBA Creditanstalt,  Unibanco,
HSBC, Brascan and BES. The securities will pay the equivalent to 103% of the CDI
remuneration  in the  period.  The  resources  will  be used  to  liquidate  the
Promissory  Notes  issued  in early  2000 and to  recompose  the  existing  cash
resources.

Until  September of 2000,  TCO had a net profit of R$ 77.6 mm, having  generated
the largest  EBITDA margin in the sector among the companies  operating  Band A:
41.3%.  The EBITDA of R$ 257 million  highlights  the  company's  efficiency  in
generating cash using its operating assets.  The company's plant had 1.4 million
subscribers in September of 2000, and an ARPU of R$ 55.00.

The Splice Group, which controls TCO, has been recognized in the market by means
of its excellent  financial and operating  results,  as well as its low level of
financial  leveraging  demonstrated  by TCO. In the year 2000,  TCO obtained the
highest ADR valuation among the Latin American telecommunications companies with
securities listed at the New York Stock Exchange.








                                  Page 2 of 3

<PAGE>

                                    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.




                                    Tele Centro Oeste Cellular Holding Company


Date: January 12, 2001        By:   /S/ MARIO CESAR PEREIRA DE ARAUJO
                                    --------------------------------------------
                                    Name:  Mario Cesar Pereira de Araujo
                                    Title: President














                                  Page 3 of 3