Business
Oi: Achieved major debt reduction and improved liquidity, with B2B focus and asset sales planned
Oi: Achieved major debt reduction and improved liquidity, with B2B focus and asset sales planned
About this update from Oi S.a.
Achieved a 70% debt reduction and improved liquidity through restructuring, with 2Q24 revenue down 13% year-over-year. Focus remains on B2B, asset sales, and cost discipline, with further transformation steps and regulatory milestones ahead.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.