Brazil's Oi holds 2012 forecasts, revenue goal "on watch"

RIO DE JANEIRO Wed Nov 14, 2012 6:40am EST

RIO DE JANEIRO Nov 14 (Reuters) - Brazilian telecom Oi SA on Wednesday maintained its full-year 2012 forecasts but said its revenue target was "on watch" due to possible smaller revenue from handsets.

Chief Executive Francisco Valim gave the outlook to reporters at a press conference after the company posted a bigger-than-expected third-quarter profit.