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Oi S.A. (OIBR-C)

NYSE - NYSE Delayed Price. Currency in USD
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1.4500+0.0400 (+2.84%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous close1.4100
Open1.4200
Bid1.4400 x 36200
Ask1.5000 x 1800
Day's range1.4200 - 1.5000
52-week range0.3500 - 2.0900
Volume246,876
Avg. volume2,522,312
Market cap1.862B
Beta (5Y monthly)1.51
PE ratio (TTM)0.05
EPS (TTM)31.4600
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date30 Sep 2013
1y target estN/A
  • Telefonica, TIM to move ahead with Brazil M&A plans despite COVID-19
    Reuters

    Telefonica, TIM to move ahead with Brazil M&A plans despite COVID-19

    Brazilian telecoms firms Telefonica Brasil SA <VIVT4.SA> and TIM Participacoes SA <TIMP3.SA> are moving ahead with a potential joint bid for rival Oi SA's <OIBR4.SA> mobile unit despite the challenges of the COVID-19 outbreak, executives said Wednesday. Meanwhile, they remain focused on expanding their fiber-to-the-home (FTTH) network, as well as fourth-generation (4G) mobile coverage, while a long-awaited auction for next-generation spectrum remains uncertain. "We're confident that our strategy is the right one," Telefonica Brasil Chief Executive Christian Gebara told investors on a call, noting it is still early to assess the full extent of the global pandemic.

  • Telefonica, TIM plan joint bid for Oi's mobile business in Brazil
    Reuters

    Telefonica, TIM plan joint bid for Oi's mobile business in Brazil

    Shares in Telefonica Brasil SA <VIVT4.SA> and TIM Participações SA <TIMP3.SA> rose in the morning trading as both companies said they are planning a joint offer to buy the mobile unit of bankrupt Brazilian carrier Oi SA <OIBR3.SA>. The move comes months after the struggling carrier, which filed for bankruptcy protection in June 2016, told market participants early in December it had hired financial advisors to put a value on its mobile unit. Preferred shares in Oi rose as much as 18% on Wednesday morning, while TIM stocks surged up to 8.3% and Telefonica Brasil climbed 4.4% before trimming earlier gains.