Oi’s Strategic Move: Transferring Towers and Properties to American Tower

Oi (OIBR3), a major Brazilian telecommunications company, has signed a significant deal with American Tower Corporation (ATC). This agreement involves transferring selected towers and properties to ATC, valued at R$41 million ($7.5 million). The deal marks a crucial step in Oi’s ongoing efforts to restructure its operations and settle debts. Oi’s financial struggles began in […]