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Oi forecasts lower EBITDA in 2015

2015-01-05 14:11:00| Telecompaper Headlines

(Telecompaper) Brazilian operator Oi said that it expects lower EBITDA in 2015 compared to 2014. Oi expects to achieve adjusted EBITDA of BRL 7.0-7.4 billion, excluding any one-off gains or losses. In a statement to the stock market, Oi said that the forecast does not apply to expected EBITDA for 2015 on a consolidated basis, as the operator is in the process of selling various businesses, including PT Portugal.

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Category:Telecommunications

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