OIBR3.SA - Oi S.A.

Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
3.78
-0.03 (-0.79%)
At close: 6:07PM BRT
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Previous Close3.81
Open3.85
Bid3.73 x 0
Ask3.83 x 0
Day's Range3.67 - 3.89
52 Week Range3.15 - 6.24
Volume3,562,800
Avg. Volume4,812,837
Market Cap2.508B
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)-9.91
Earnings DateN/A
Forward Dividend & Yield0.00 (0.63%)
Ex-Dividend Date2013-09-30
1y Target Est1.92
  • Reuters4 days ago

    Brazilian rule changes may allow telecoms firms to unload assets

    SAO PAULO/BRASILIA (Reuters) - Brazil's major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off. The shake-up would spur Telefonica Brasil SA and Oi SA, the country's largest wireless and fixed-line providers, respectively, to sell or ditch hundreds of under-used real estate properties, thousands of unused phone booths and other dated assets, according to executives and others with knowledge of the companies' strategy. In the case of Oi, the changes are also key to a proposed multi-billion dollar sale to China Telecom Corp Ltd or China Mobile Ltd in what would be the first big Chinese bridgehead into the Latin American telecoms sector.

  • Brazilian rule changes may allow telecoms firms to unload assets
    Reuters4 days ago

    Brazilian rule changes may allow telecoms firms to unload assets

    SAO PAULO/BRASILIA (Reuters) - Brazil's major telecoms operators stand to free up hundreds of millions of dollars to invest in technologies like 4G and broadband by unloading unwanted assets, as a push by the sector to overhaul decades-old rules shows signs of paying off. The shake-up would spur Telefonica Brasil SA (VIVT4.SA) and Oi SA (OIBR4.SA), the country's largest wireless and fixed-line providers, respectively, to sell or ditch hundreds of under-used real estate properties, thousands of unused phone booths and other dated assets, according to executives and others with knowledge of the companies' strategy. In the case of Oi, the changes are also key to a proposed multi-billion dollar sale to China Telecom Corp Ltd or China Mobile Ltd in what would be the first big Chinese bridgehead into the Latin American telecoms sector.

  • Reuters22 days ago

    Brazil's Oi will not hold Feb 7 shareholder meeting -filing

    Oi SA will not hold an extraordinary shareholder meeting on Feb. 7, the Brazilian telecoms company said in a securities filing on Friday. Holding the meeting would be contrary to a recent decision by the ...

  • Oi Shareholder Calls for Vote to Take Action Against CEO, CFO
    Bloomberg2 months ago

    Oi Shareholder Calls for Vote to Take Action Against CEO, CFO

    Oi SA’s largest equity investor called for a shareholders meeting to decide whether to take legal action against the chief executive officer and the chief financial officer and to scrutinize parts of the ...

  • Reuters2 months ago

    Veiled threats and boardroom battles - the bitter close of a Brazilian bankruptcy

    In mid-November, the former chief executive of Brazilian telecoms company Oi SA (OIBR4.SA) told the debt-laden company's board that he was receiving ominous phone calls, according to two people present at the meeting. The anonymous messages came to Marco Schroeder's cellphone and his home phone. Confidants of Schroeder believed the calls were coming from people associated with Societe Mondiale, a fund owned by distressed-debt tycoon Nelson Tanure that controlled the company's board but had fallen out with its management over how to best manoeuvre the company out of bankruptcy protection.

  • Reuters2 months ago

    Veiled threats and boardroom battles: the bitter close of a Brazilian bankruptcy

    In mid-November, the former chief executive of Brazilian telecoms company Oi SA (OIBR4.SA) told the debt-laden company's board that he was receiving ominous phone calls, according to two people present at the meeting. The anonymous messages came to Marco Schroeder's cellphone and his home phone. Confidants of Schroeder believed the calls were coming from people associated with Societe Mondiale, a fund owned by distressed-debt tycoon Nelson Tanure that controlled the company's board but had fallen out with its management over how to best maneuver the company out of bankruptcy protection.

  • The Wall Street Journal2 months ago

    [$$] Brazil’s Oi Creditors Agree to Rescue Plan That Slashes Debt, Injects Cash

    Brazilian telecommunications company Oi SA., which last year filed Latin America’s largest-ever corporate bankruptcy, said creditors approved a rescue plan that would cut its $20 billion debt with a restructuring....

  • Reuters2 months ago

    Brazil's Oi open to buyers after restructuring -CEO

    RIO DE JANEIRO/BRASILIA, Dec 20 (Reuters) - Brazilian telecoms company Oi SA is up for sale after it emerged from Latin America's largest-ever bankruptcy protection process, Chief Executive Eurico Teles said on Wednesday. Teles said the company was ready to receive international investors and had received an offer of support from China Development Bank. Many international investors, such as China Telecom Corp Ltd and China Mobile Ltd, offered a capital injection as the company struggled for a year and a half to restructure some 65.4 billion reais ($20 billion) in debt.

  • Reuters2 months ago

    Brazil regulator questions Oi restructuring plan, will not block it

    Brazilian telecoms regulator Anatel will challenge the debt restructuring plan approved by creditors of carrier Oi SA in court but will not use its regulatory power to block new ownership, the head of the agency said on Wednesday. Anatel President Juarez Quadros said Anatel's board questioned the legality of parceling 14 billion reais ($4.2 billion) of fines owed to the regulator over two decades.

  • Reuters2 months ago

    Oi creditors approve largest-ever Latin American restructuring

    Creditors in Brazilian telecoms company Oi SA approved early on Wednesday morning a plan to restructure $20 billion in debt owed by the firm, overcoming the main hurdle in Latin America's largest-ever bankruptcy process. After a marathon 15-hour meeting in Rio de Janeiro, three of four creditor classes voted nearly unanimously for the plan. The only major 'no' vote appeared to come from national telecoms regulator Anatel, which held billions of dollars in Oi debt through unpaid regulatory fines.

  • Reuters2 months ago

    Oi creditors approve largest-ever Latin American restructuring

    Creditors in Brazilian telecoms company Oi SA approved early on Wednesday morning a plan to restructure $20 billion in debt owed by the firm, overcoming the main hurdle in Latin America's largest-ever bankruptcy process. After a marathon 15-hour meeting in Rio de Janeiro, three of four creditor classes voted nearly unanimously for the plan. The only major 'no' vote appeared to come from national telecoms regulator Anatel, which held billions of dollars in Oi debt through unpaid regulatory fines.

  • Bloomberg2 months ago

    Oi Creditors Approve Restructuring Plan at 15-Hour Meeting

    Oi SA creditors approved a plan to bring the Brazilian phone company out of bankruptcy protection after a dramatic 15-hour meeting that concluded at 2:30 a.m. in Rio de Janeiro. Hours later, investors ...

  • Reuters2 months ago

    Oi creditors officially approve restructuring after marathon meeting

    Creditors in Brazilian telecoms carrier Oi SA officially approved a debt restructuring plan put forward by the company early on Wednesday morning, taking the company out of Latin America's largest ever ...

  • Reuters2 months ago

    BNDES calls for some modifications to Oi restructuring plan

    Brazilian development bank BNDES, a major creditor of telecoms company Oi SA , will require some "fixes around the edges" of the company's restructuring plan before the bank can vote for it, ...

  • Reuters2 months ago

    Major public creditors argue for consolidation of Oi recovery plan

    Brazilian telecoms regulator Anatel and state-controlled lenders Banco do Brasil SA , Caixa Economic Federal and BNDES expressed support on Tuesday for the consolidation of a debt restructuring plan for ...

  • Reuters2 months ago

    Brazil state bank BNDES still weighing Oi restructuring plan

    Brazilian state development bank BNDES will decide on Monday how to vote on a restructuring plan proposed by telecommunications firm Oi SA at a meeting of creditors on Tuesday, bank president Paulo Rabello ...

  • Reuters2 months ago

    Brazil telecoms regulator Anatel still against Oi restructuring plan

    Brazilian telecoms regulator Anatel still plans to vote against a plan put forth by carrier Oi SA to exit bankruptcy protection, the body's president, Juarez Quadros, said on Friday. Creditors are set ...

  • Reuters2 months ago

    Oi board may call shareholder meeting to debate restructuring plan -sources

    The board of Brazilian telecommunications company Oi SA will meet on Friday, and will likely call a shareholders meeting to debate a restructuring deal struck by its executives and key creditors, two sources familiar with the board's thinking said on Thursday. Also on Thursday, Societe Mondiale, the investment vehicle for tycoon Nelson Tanure, asked a bankruptcy judge to delay a creditors assembly scheduled for Tuesday, saying the new plan did not get proper approvals or include necessary documentation for a proposed capital increase.

  • Reuters2 months ago

    Oi shareholder tries to delay creditor vote on new restructuring plan

    A key shareholder in Brazilian telecommunications firm Oi SA on Thursday asked a bankruptcy judge to delay a Dec. 19 creditor assembly, citing concerns about a new restructuring plan that could hand control ...

  • Oi SA breached its 50 day moving average in a Bullish Manner : OIBR3-BR : December 14, 2017
    Capital Cube2 months ago

    Oi SA breached its 50 day moving average in a Bullish Manner : OIBR3-BR : December 14, 2017

    Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Oi SA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)

  • Reuters2 months ago

    Brazil telecom Oi reaches breakthrough with creditors

    RIO DE JANEIRO/BRASILIA, Dec 13 (Reuters) - Brazilian telecommunications firm Oi SA has reached a deal with two major creditor groups on a plan to exit bankruptcy protection, in a major breakthrough for Latin America's largest ever in-court debt restructuring. The company said in a filing on Wednesday that the Ad Hoc Group of Oi Bondholders and International Bondholders Committee had agreed in principle on a new restructuring plan that would effectively let creditors take over the company.

  • Reuters2 months ago

    Brazilian carrier Oi reaches deal with creditor groups -filing

    Debt-laden Brazilian telecommunications firm Oi SA has reached a deal with two major creditor groups on a plan to recover the company from bankruptcy protection, the telecom said in a Wednesday securities ...

  • Reuters2 months ago

    Brazil's Oi files new restructuring plan allowing takeover by bondholders

    Brazilian telecommunications company Oi SA filed late on Tuesday a new restructuring plan with the Rio de Janeiro court sweetening the terms for bondholders and government credits in a push to get approval in a key creditors meeting on Dec. 19. Oi said in a statement bondholders will be allowed to trade their debt for up to 75 percent of the carrier´s capital, effectively allowing Oi SA to be taken over by creditors. A former plan submitted by Oi with approval of its board limited the debt-for-equity swap to 25 percent of the carrier´s capital and was strongly criticized by bondholders.

  • Oi SA :OIBR3-BR: Earnings Analysis: Q3, 2017 By the Numbers : December 8, 2017
    Capital Cube3 months ago

    Oi SA :OIBR3-BR: Earnings Analysis: Q3, 2017 By the Numbers : December 8, 2017

    Categories: Yahoo FinanceGet free summary analysis Oi SA reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Oi SA – Telefonica Brasil SA Pfd, Telefonica SA and Telefonica del Peru SA Class B (VIVT4-BR, TEF-AR and TELEFBC1-PE) that have also reported for this period. Highlights Summary ... Read more (Read more...)