Exclusive interview: Oi CEO discusses M&A
Brazilian telecom operator Oi is at the centre of a major restructuring plan, and also expects to be part of a new wave of telecom consolidation that must take place in Brazil. TMT Finance reporter Flavia Millhorance spoke to Oi CEO Marco Schroeder, who expects to agree on a recovery plan that allows the company to boost growth through new partnerships and M&A, while selling various non-core assets.
“The agreed plan needs to leverage the company's balance sheet to allow consolidation and further acquisitions," Schroeder said. "The country will see a rearrangement, and consolidation will soon occur. There are possibilities for synergies to be explored. Merger opportunities do exist."
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