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Oi SA engages in the provision of telecommunications utility services. The company offers mobile, broadband, pay television, data transmission, and internet provider services. Read More It operates through the following segments: Residential Services, Personal Mobility, and Small and medium-sized enterprises (SMEs)/Corporate. The Residential Services focuses on the sale of fixed telephony services including voice services, data communication services, and pay TV. The Personal Mobility segment offers mobile telephony services to subscription and prepaid customers, and mobile broadband customers. The SMEs/Corporate segment includes corporate solutions offered to small, medium-sized, and large corporate customers. The company was founded on November 27, 1963 and is headquartered in Rio de Janeiro, Brazil.
Rio de Janeiro, Rio de Janeiro
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UPDATE 1-Brazil telecoms firm Oi sees revenue growth from 2021
(Adds details from analysts’ call) By Gabriela Mello SAO PAULO, March 27 (Reuters) - Brazilian telecommunications firm Oi SA, trying to right itself after a string of financial losses, is boosting capital spending in a bid to return to revenue growth by 2021, executives said on Wednesday. Speaking to analysts following the release of fourth-quarter results, Chief Financial Officer Carlos Brandao said recent losses at Brazil’s largest fixed-line firm were related to underinvestment. Expanding the firm’s b...