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Oi SA discloses sale of mobile towers through subsidiaries


Wednesday, 25 Jun 2014 08:22am EDT 

Oi SA:Says its subsidiaries Telemar Norte Leste SA and BRT Servicos de Internet SA (together, Sellers) signed agreement with SBA Torres Brasil Limitada for sale of 100 percent stake in a company controlled by Sellers that owns 1,641 mobile telecommunications towers.Transaction price 1,172,493,238 Brazilian reais.Closing date is expected to occur in Dec. 

Company Quote

0.563
-0.017 -2.93%
26 Nov 2014