Sunday, 19 November 2017

Sawiris eyes Oi investment

By Nick Wood, Total Telecom
Monday 27 June 16

Egyptian billionaire talks up troubled Brazilian telco's potential, says he is open to working with LetterOne.

Egyptian businessman Naguib Sawiris has expressed interest in investing in Brazil's Oi, which filed for bankruptcy protection last week after failing to reach a deal with creditors. Sawiris said in a Bloomberg report last Tuesday that Oi will have great potential once it has restructured its debt…

Egyptian businessman Naguib Sawiris has expressed interest in investing in Brazil's Oi, which filed for bankruptcy protection last week after failing to reach a deal with creditors. Sawiris said in a Bloomberg report last Tuesday that Oi will have great potential once it has restructured its debt…

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