Dossier
Oi
Coverage of Oi in the Nexus archive.
- Brazil’s Oi Has $3.8m Left and May Stop Running on 1 August
Brazil’s Oi, a telecom company, has $3.8m in cash left, and its court-appointed administrator warned the Rio de Janeiro appeals court that operations may become unsustainable by 1 August 2026, two months earlier than previously projected. The company’s cash reserves dropped from R$88.1m ($17.1m) to R$19.6m ($3.8m) by the end of July.
- Court Suspends Oi’s US$870M V.tal Stake Sale to BTG Funds
A Rio appeals court suspended the approval of Oi's sale of its 27.5% stake in V.tal to funds managed by BTG Pactual for R$4.5 billion (US$870 million). Creditors including PIMCO, SC Lowy, and UMB Bank appealed, claiming the sale price was insufficient.