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General

Oi sees 6% drop in Q1 revenue to BRL 4.45 billion

Thursday 13 May 2021 | 16:03 CET | News
Brazilian operator Oi recorded net revenue of BRL 4.45 billion in the first quarter of 2021, down 6.2 percent on the same period in 2020. The mobile and pay-TV segment, which are pending sale, generated 49 percent of the total revenue, or BRL 2.18 billion (-5.5%). The broadband, fixed-line residential and corporate businesses (so-called 'Nova Oi') registered a 7.4 percent drop to BRL 2.21 billion.

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Categories: General
Companies: Oi
Countries: Brazil
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