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Oi Merger With Portugal Telecom in Brazil: Daily

By Chesney Hearst, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s largest telecommunications company, Oi is set to advance towards its goal of merging with Portugal Telecom by raising...

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Telecom Oi Files for Largest Ever Judicial Recovery in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – One of Brazil’s largest telephone carriers, Oi, filed a bankruptcy recovery request on Monday, June 20th, in Rio de Janeiro after...

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Oi TelCom in Brazil Loses Two Top Executives Amidst Bankruptcy

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A week after presenting its bankruptcy recovery plan, Brazilian telephone company, Oi, announced that its CFO had resigned....

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Brazil Registers Record Judicial Recovery Filings in 2016

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The number of companies in Brazil seeking judicial recovery in 2016 set a record according to data released by Serasa Experian, a credit...

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Oi’s Largest Shareholder Rejects Recovery Plan in Brazil

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Pharol SGPS, former Portugal Telecom and largest shareholder of Brazilian telecommunications operator Oi, said on Friday (January 27th)...

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Brazil’s Bankrupt Oi Fined for Selling Assets Without Approval

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Telecommunication regulator in Brazil, ANATEL, announced on Thursday it was applying a R$11,500 fine on telephone operator, Oi, for the...

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Country’s fixed Internet improves, but Brazil is still only world’s 49th in...

RIO DE JANEIRO, BRAZIL - Brazil ranked 49th in the world for fixed broadband speed and 74th for mobile Internet speed in April, according to a report by Ookla, the company responsible for popular...

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Tom Brady’s startup lands in Brazil in partnership with Adventures

RIO DE JANEIRO, BRAZIL - Seven-time Super Bowl champion and considered by many as the best quarterback in NFL history, Tom Brady has proven his skills in another field: business. At 44, the American...

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Telefónica to bid against Claro, TIM and 12 other competitors in Brazil in...

RIO DE JANEIRO, BRAZIL - The Brazilian government will auction national and regional lots in four frequencies: 700 MHz, 2.3 GHz, 3.5 GHz and 26 GHz, expecting to raise R$49.7 billion (US$8.78 billion)....

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Brazilian mobile operators were charged with misuse of their customers’ data

RIO DE JANEIRO, BRAZIL - The operators Vivo, TIM, Oi, and Claro, were sued by the Public Prosecutor's . . . To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already...

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