Oi's CFO says fiber-optic business likely to be sold above minimum
Camille Faria, Oi's Chief Financial and Investor Relations Officer, said Thursday in a live-streamed interview with Valor that she expects the sale of part of InfraCo, the provisional name of the fiber-optic infrastructure company to be created by the phone carrier, to fetch more than the minimum bid of R$20 billion. Oi is willing to sell 51% of InfraCo's voting capital and up to 51% of the future company's equity. "I think it's a challenge. It would be wonderful, we'd love to," she said when asked if Oi could attract a R$40 billion bid. "I don't know about R$40 billion, which is double the...
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