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General

Oi could raise up to BRL 7 billion from sale of assets

Wednesday 15 May 2019 | 13:39 CET | News

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Brazilian operator Oi is finalizing the review of its strategic plan that could be revealed to the market in mid-June, according to CEO Carlos Brandao. Among the measures being considered is the sale of non-core assets, which could raise up to BRL 7 billion, Teletime reports from the company's presentation of quarterly results. The proceeds could be used for financing the new investment plan focused on FTTH and 4.5G coverage. 

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Categories: General
Companies: Oi
Countries: Brazil
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