Oi's IT arm valued at over BRL 1.2 billion
Brazilian telecom company Oi is preparing to sell its IT and connectivity division, Oi Solucoes, for an estimated BRL 1.4 billion, according to daily O Estado de Sao Paulo. This move is part of the company's ongoing efforts to pay down debt following its judicial reorganisation. Major telecom companies like Vivo, Claro, and TIM, as well as regional providers, are expected to bid for Oi Solucoes, with some already expressing interest. A consultant's report valued the division between BRL 1.272 billion and BR