Oi S.a.BMFBOVESPA: OIBR3

Oi: Revenue fell 14% as legacy services declined, but fiber and cost controls supported profitability

· Issued by Oi S.A.

Q3 2024 saw a 14% revenue decline due to legacy service contraction, but fiber revenue remained stable and cost reductions improved profitability. Restructuring advanced with a 60% debt cut and new governance, while delays in regulatory migration and a non-cash asset sale impacted liquidity.

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