Oi S.A. (Oi) is one of the leading telecommunications service providers in Brazil with a fully integrated nationwide presence. Company provides fixed and mobile, broadband, pay TV, data transmission and internet provider services, in addition to other corporate and wholesale services, including transport network and international backbone services. Oi’s fixed telephony business is comprised of local and long-distance services, use of networks (interconnection) and public telephones. As of December 2017, company had 12.9 million fixed lines in operation, of which 9.2 million were in the residential segment. Oi’s business activities are classified into three segment based on customers segments it serves: residential services, personal mobility services, and B2B services. Company residential services segment is focused on the sale of fixed telephony services, including voice services, data communication services (broadband), and Pay-TV. Personal mobility services segment is engaged in the sale of mobile telephony services to postpaid (subscription) and prepaid customers that include voice services and data communication services. Its B2B services business includes corporate solutions offered to its small, medium-sized, and large corporate customers, including voice services and corporate data solutions and wholesale interconnection and traffic transportation services to other telecommunications providers.
For the fiscal year ended December 2017, company reported the revenues of BRL23,789.7 million, a decrease of 8.5% compared to the previous year revenue of BRL25,996.4 million in fiscal 2016.
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