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A partial report preview for Oi SA em Recuperacao Judicial (ADR) is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

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Oi SA em Recuperacao Judicial (ADR)
Rua do Lavradio, 71,2 andar, Centro
Phone: +55 2131312918p:+55 2131312918 RIO DE JANEIRO, 20.230-070  Brazil Ticker: OIBRQOIBRQ

Filed for Bankruptcy on 6/20/2016
On 6/20/2016, Oi SA in conjunction with its wholly-owned direct and indirect subsidiaries, Oi Movel S.A., Telemar Norte Leste S.A., Copart 4 Participacoes S.A, Copart 5 Participacoes S.A., Portugal Telecom International Finance BV and Oi Brasil Holdings Cooperatief U.A., filed a request for Judicial Reorganization with the Court of the State of Rio de Janeiro, pursuant to Art. 51 of Law No. 11,101/05 and Art. 122 of the Brazilian Corporations Law.
On 6/21/2016, the Company filed a Chapter 15 Bankruptcy petition (Case #16-11791) in the U.S. Bankruptcy Court for the Southern District of New York (Manhattan)
On 6/29/2016, the Court of the State of Rio de Janeiro granted the Company's request for a Judicial Reorganization.

Business Summary
Oi SA em Recuperacao Judicial, formerly Oi S.A., is an integrated telecommunications service provider in Brazil. The Company is a switched fixed-line telephony services (STFC) concessionaire. It is engaged in the provision of STFC as a local and intraregional long-distance carrier. Its segments include Residential Services, Personal Mobility, and SMEs/Corporate. It offers a range of integrated telecommunications services that include fixed and mobile, broadband, pay television (TV), data transmission and Internet provider services. The Company's Residential Services segment is focused on the sale of fixed telephony services, including voice services, data communication services (broadband), and pay TV. The Personal Mobility segment is focused on the sale of mobile telephony services to subscription and prepaid customers, and mobile broadband customer. The SMEs/Corporate segment includes corporate solutions offered to its small, medium-sized, and large corporate customers.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes---Yes-

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202012/31/2020YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Independent Chairman of the Board EleazarDe Carvalho Filho 63 9/19/2018 1/1/2018
Chief Executive Officer Rodrigo M.de Abreu 51 2/1/2020 9/20/2019
Independent Vice Chairman of the Board MarcosGrodetzky 63 9/19/2018 1/1/2018
9 additional Officers and Directors records available in full report.

Business Names
Business Name
Africatel GmbH & Co. KG
Africatel Holdings BV
Africatel Management GmbH
43 additional Business Names available in full report.

General Information
Number of Employees: 13,460 (As of 12/31/2020)
Outstanding Shares: 5,952,363,000 (As of 12/31/2020)
Shareholders: 2,104,466
Stock Exchange: OTC
Fax Number: +55 2131311383


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Tuesday, April 20, 2021