Brazilian telco Oi has finalized the sale of its fiber optic business to V.tal for R$5.71 billion ($980 million).

Brazil’s telecommunications regulator Anatel said Oi needs its consent to sell many of its assets or use them as collateral. The agency will be monitoring the company’s operations to ...

Hard on the heels of recent news, reported here yesterday, that the long-anticipated sale of financially troubled Brazilian operator Oi’s fibre broadband unit ClientCo to fibre provider V.tal had gone ...

Simplicity, boldness and, above all, freedom. These are the concepts that drive growth at Oi, a company that in the last 10 years became the biggest telecommunications operator in Brazil. Since the ...

Brazil's Oi exits bankruptcy protection after more than 6 years; shares jump Shares in Brazilian telecom firm Oi SA soared on Thursday after it revealed it was exiting bankruptcy protection ...