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Oi SA em Recuperacao Judicial (OIBR3.SA)

OIBR3.SA on Sao Paulo Stock Exchange

1.05BRL
13 Sep 2019
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Tue, Aug 20 2019

Shares in Brazil's Oi sink after reports shareholder seeks to change CEO

SAO PAULO Shares in Brazilian telecoms carrier Oi SA posted heavy losses on Tuesday, after media reports that its largest shareholder, GoldenTree Asset Management, is seeking to replace Oi's Chief Executive Officer Eurico Teles.

UPDATE 2-Shares in Brazil's Oi sink after reports shareholder seeks to change CEO

SAO PAULO, Aug 20 Shares in Brazilian telecoms carrier Oi SA posted heavy losses on Tuesday, after media reports that its largest shareholder, GoldenTree Asset Management, is seeking to replace Oi's Chief Executive Officer Eurico Teles.

Brazil's Oi largest shareholder requests CEO change- report

SAO PAULO, Aug 20 The largest shareholder in Brazilian carrier Oi SA, GoldenTree Asset Management, has requested the company to replace its Chief Executive Officer Eurico Teles, Brazilian newspaper O Estado de S. Paulo reported on Tuesday.

UPDATE 1-Brazil telecoms regulator Anatel defends market solution for Oi

SAO PAULO, Aug 16 Brazilian telecoms regulator Anatel said on Friday it prefers a market solution for carrier Oi SA , which has been struggling to turn around its business since filing for bankruptcy protection in June 2016.

Brazil's government considers intervention in Oi -report

SAO PAULO, Aug 16 The Brazilian government is considering intervention in telecommunications carrier Oi SA , as the company struggles to recover since it filed for bankruptcy protection in June 2016, newspaper O Estado de S. Paulo reported on Friday.

Brazil's Oi posts steepening loss in Q2, missing estimates

SAO PAULO, Aug 14 Brazilian telecom carrier Oi SA reported a steepening second-quarter net loss on Wednesday, confounding expectations for a narrower shortfall, as debt servicing costs rose and the real currency weakened.

UPDATE 2-Brazil carrier Oi to raise $2 bln by selling non-core assets to focus on FTTH

SAO PAULO, July 16 Brazilian telecom carrier Oi SA disclosed on Tuesday a new strategic plan aiming to divest up to 7.5 billion reais ($2 billion) in non-core assets and focus on its fiber-to-home (FTTH) broadband service.

Brazil carrier Oi expects to raise up to $2 bln with non-core assets - filing

SAO PAULO, July 16 Brazilian telecom carrier Oi SA said on Tuesday in its newly launched strategic plan it expects to raise between 6.5 billion reais and 7.5 billion reais ($2.00 billion) with the sale of non-core assets.

Brazilian telecom Oi taps former TIM exec for CEO spot -paper

RIO DE JANEIRO, July 2 The board of Brazilian telecoms firm Oi SA has approved the former head of competitor TIM Participacoes SA as its new chief executive, newspaper O Globo reported late on Monday.

Brazil telecom Oi adds mobile customers as it expands 4.5G coverage

SAO PAULO Brazilian telecom Oi SA added more post-paid mobile clients in May than in April, commercial director Bernardo Winik said on Tuesday, as the company expanded its 4.5G coverage in Latin America's largest economy.

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