Monday, 18 December 2017

Anatel may cancel Oi licences, but postpones discussion

By Mary Lennighan, Total Telecom
Friday 29 September 17

Regulator removes Oi issue from meeting agenda after telco pushes back its own creditor meeting to vote on reorganisation plan

Brazil's telecom regulator is still considering the possibility of cancelling the operating licences of fixed and mobile operator Oi, but it has pushed back the discussion on that issue in light of the telco's ongoing attempts to agree a recovery plan with creditors. Anatel on Thursday announced it removed the issue from its meeting agenda following Oi's announcement that it had won court approval to delay a creditor meeting scheduled for next month…

Brazil's telecom regulator is still considering the possibility of cancelling the operating licences of fixed and mobile operator Oi, but it has pushed back the discussion on that issue in light of the telco's ongoing attempts to agree a recovery plan with creditors. Anatel on Thursday announced it removed the issue from its meeting agenda following Oi's announcement that it had won court approval to delay a creditor meeting scheduled for next month…

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