|Bid||0.9600 x 0|
|Ask||0.9700 x 0|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|Beta (5Y Monthly)||1.88|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 30, 2013|
|1y Target Est||N/A|
Brazilian telecom Oi SA said on Wednesday it had received the go-ahead from a court to sell a majority stake in its fiber optic business to funds managed by Banco BTG Pactual. Oi, which filed for bankruptcy protection in 2016 and has since been selling assets to pay creditors, said the court had determined there were no other bids on the table. Oi in April accepted a 12.9 billion reais ($2.5 billion) offer for a 57.9% stake in its fiber optic business from BTG's funds.
NEW YORK, NY / ACCESSWIRE / March 29, 2021 / Oi S. (FRA:TSLL) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 29, 2021 at 11:00 AM Eastern Time.
Brazil's government will pardon about half of the roughly 14 billion reais ($2.6 billion) in debt owed to it by Brazilian telecom firm Oi SA, the country's solicitor general said on Friday. Oi, which has been working to emerge from bankruptcy protection for years, had accumulated gargantuan fines tied to quality of services and other regulatory demands, making telecoms regulator Anatel one of the company's biggest creditors. The settlement, with the remainder of Oi's government debt payable in installments, puts an end to 1,700 ongoing court cases between Oi and Anatel, said the solicitor general, known as AGU for its Portuguese initials.