Anatel still sees Oi as risky for investors due to fines owed

Although investors have grown excited about Oi's future prospects after it undergoes bankruptcy proceedings and restructuring, telecommunications regulator Anatel says it is still a "high risk" asset due to the R$11 billion in fines the company owes - which the agency hopes will be excluded from the bankruptcy restructuring at the same time it presses its case in court to ensure the telecom pays them in full. However, an official from Anatel - which, as a creditor, voted against Oi's 2017 restructuring plan -...

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