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Thursday, March 26, 2020

Brazilian telecom Oi reports larger-than-expected loss

Brazil's biggest fixed-line carrier Oi SA, which filed for bankruptcy protection in June 2016, reported a quarterly net loss of 2.3 billion reais ($457 million) versus a loss of 3.3 billion reais a year earlier, it said in a securities filing.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/2UDgbpn

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