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The Rio Times
The Rio Times
Americas · 16 mins ago
Brazil’s Oi Has $3.8m Left and May Stop Running on 1 August
Telecoms Key Facts —The warning. Oi’s court-appointed administrator told the Rio de Janeiro appeals court that projected end-July cash has fallen from R$88.1m ($17.1m) to R$19.6m ($3.8m). —The date. At that level the administrator says the operation becomes unsustainable from 1 August 2026, roughly two months earlier than the April projection foresaw. —Not a recovery. […] The post Brazil’s Oi Has $3.8m Left and May Stop Running on 1 August appeared first on The Rio Times.
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