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General

Oi expects positive cash flow from Q3

Monday 20 June 2016 | 10:04 CET | News
Brazilian telecommunications operator Oi has released its projected results for each quarter of 2016 and its business plan details relating to 2017 and 2018, reports Reuters. The company anticipates positive cash flow from the third quarter of 2016, when the estimated amount will be BRL 427 million, with BRL 777 million from October to December. For the second quarter, the estimated cash flow is a negative BRL 646 million.

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Categories: General
Companies: Oi
Countries: Brazil
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