Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Monday, December 09, 2019

Oi requests the extension of the judicial recovery process

The Oi operator asked the Justice for the extension of the judicial recovery process in order to continue fulfilling the approved plan in 2017 and which had an expiration date for next February 4.

The company indicated that this measure will not bring “changes to the current situation of the companies of the Oi group, nor does it have an impact on compliance with the current plan,” recalling that in most of the judicial recovery processes there has been an extension of the original deadlines.

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