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Brazil's Oi holds 2012 forecasts, revenue goal "on watch"
November 14, 2012 / 11:44 AM / 5 years ago

Brazil's Oi holds 2012 forecasts, revenue goal "on watch"

RIO DE JANEIRO, Nov 14 (Reuters) - Brazilian telecom Oi SA on Wednesday maintained its full-year 2012 forecasts but said its revenue target was “on watch” due to possible smaller revenue from handsets.

Chief Executive Francisco Valim gave the outlook to reporters at a press conference after the company posted a bigger-than-expected third-quarter profit.

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