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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) that it would only support an alternative reorganization plan if backed by...
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 restructuring talks with major shareholders failed. The company is...
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 funds through completion of a share sale that aims...
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