BUSINESSTHE RIO TIMES
No Bidders Show for Oi’s Last Big Asset as Telecom Wind-Down Stalls
A court auction for Oi Soluções, the last major asset of Brazil’s telecom company Oi, received no bidders despite a floor price of R$1.417 billion. Rivals Vivo and Claro did not participate, stalling Oi’s telecom wind-down process.
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