Oi S.A. (OIBR-C)

NYSE - NYSE Real Time Price. Currency in USD
5.38-0.07 (-1.28%)
At close: 4:00 PM EDT
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Prev Close5.45
Bid5.43 x 1000
Ask5.50 x 1000
Day's Range5.30 - 5.41
52wk Range5.30 - 5.41
1y Target EstN/A
Market Cap687.55M
P/E Ratio (ttm)-0.32
Avg Vol (3m)N/A
Dividend & YieldN/A (N/A)
Earnings DateN/A
Trade prices are not sourced from all markets
  • Reutersyesterday

    Oi CEO says will not sell any Brazil assets for years - paper

    Oi SA will not sell any of its Brazilian assets for two or three years, its chief executive officer said, as the telecommunications operator seeks to emerge from Brazil's biggest ever bankruptcy protection. Marco Schroeder said, however, that initial talks over possible sales of stakes in carriers in Africa and Asia were ongoing, newspaper Valor Econômico reported.

  • Bloomberg2 days ago

    Oi May Part With PJT in Hunt for Brazilian Expertise, CEO Says

    Oi SA, operating in bankruptcy since June, is looking for a financial adviser with more experience in Brazilian law to aid negotiations with bondholders and may cut ties to PJT Partners.

  • Reuters2 days ago

    Oi case speeding up Brazil rule changes that rivals endorse

    Oi SA's decision to request bankruptcy protection in June helped accelerate the Brazilian government's planned revamp of telecommunications licensing regulations, an official said on Wednesday, a move that may unlock investments and improve the outlook for rivals. For years, carriers unsuccessfully tried to convince the government to allow them to own fixed-line assets when their license ended. Oi's bankruptcy filing, the largest in Brazil's history, added a sense of urgency to fixing the framework, in which assets go back to the state when the license ends, said Igor de Freitas, a board member at industry watchdog Anatel.