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Wireless

Oi would be open to offers for mobile arm but will not actively seek bids

Thursday 3 October 2019 | 13:39 CET | News
Brazilian telecommunications group Oi may consider selling its mobile operation if it receives attractive offers, VP of operations Rodrigo Abreu told Reuters. He pointed out that this transaction is not essential to the company's strategic plan, but represents an option for the future. Abreu added that Oi has not initiated a formal process to sell the mobile unit.

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Categories: Mobile & Wireless
Companies: Oi
Countries: Brazil
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