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Brazilian telecom Oi hires BofA Merrill Lynch as M&A adviser

SAO PAULO, Jan 14 (Reuters) - Brazilian telecoms carrier Oi SA said on Monday in a securities filing it had hired Bank of America Merrill Lynch to sell non-core business assets.

Reuters reported the news last week, citing two people with knowledge of the matter. Oi, which is going through a bankruptcy restructing, has forecast capital expenditures of 7 billion reais ($1.9 billion) a year over the next three years.

($1 = 3.7303 reais) (Reporting by Marcelo Rochabrun; Editing by Mark Potter)