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Brazil watchdog taking applications to administer Oi bankruptcy

Jul. 05, 2016 10:32 AM ETOi S.A. (OIBZQ) StockOIBZQBy: Jason Aycock, SA News Editor2 Comments
  • Anatel, Brazil's telecom watchdog, is seeking applications from organizations interested in legally administering the bankruptcy process for Oi (OIBR).
  • Oi had filed for Brazil's biggest ever bankruptcy protection amid a mountain of debt and failed attempts to change up the country's fixed-line telephone regulations and merge the firm with other players.
  • Anatel will take applications until July 8.

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