Thursday, September 03, 2020

Oi partial sale may drive deep changes in Brazilian market

As from the approval of the new Judicial Recovery Plan by the creditors, the negotiations to sell the mobile business, the infrastructure business and the Pay TV business will be speeded up.

When Oi's creditors meet in a general assembly on September 8, they will not only have to make a decision on the future of the company, but they can also kick off a deep remodeling of the Brazilian telecommunications market, which will mark its development for the next few years.

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