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General

China Telecom shelves plans for Oi bid - report

Thursday 7 December 2017 | 17:50 CET | News
The disagreements between Oi's shareholders and creditors over the company's restructuring plan are alienating potential investors. Brazilian daily O Estado de Sao Paulo has learned that China Telecom has given up, for now, on making an offer for the operator, preferring to wait for those involved to reach a consensus on how to restructure the company and its debts.

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Categories: General
Companies: China Telecom / Oi
Countries: Brazil
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