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  • Oi's new reorg plan to provide fresh cash

    Brazilian telco Oi's latest judicial reorganization plan foresees the injection of 4bn reais (US$1.2bn) by creditors via a debt-to-equity conversion. The plan – which was signed off by major bondholders that are the telco'...

  • Safra acquires preferred shares in Brazil's Oi

    J.SAFRA, the investment arm of Brazil's Banco Safra, has acquired 16.47% of the preferred shares of bankruptcy-struggling telco Oi. In a market statement, Oi said the group made two operations: one consisted of the acquisition of 7....

  • Ecuador Telecoms: Viva la Revolución?

    On July 9, Ecuador celebrated its National Telecommunications Day. The annual event is held in commemoration of the anniversary of the first telegraph message to be sent in the country, which was sent between capital city Quito and...