Oi SA ( (OIBRQ) ) has released its Q2 earnings. Here is a breakdown of the information Oi SA presented to its investors.
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Oi S.A. is a telecommunications company based in Brazil, primarily engaged in providing integrated telecommunications services, including fixed-line and mobile telephony, broadband, and digital solutions, with a focus on the corporate market through its Oi Soluções unit.
In its latest earnings report for the second quarter of 2025, Oi S.A. reported consolidated revenue of R$684 million from its continuing operations in Brazil. This quarter marked the first full period under a new operating model, with significant changes in its revenue streams following the sale of its Fiber and TV operations.
Key highlights from the report include a 67% year-over-year growth in revenue from domestic subsidiaries and a strategic shift in Oi Soluções towards higher value-added ICT services, which now account for 34% of its total revenue. Despite a 23.8% decline in Oi Soluções’ net revenue compared to the previous year, the company has been focusing on more profitable contracts and digital solutions. Additionally, Oi achieved significant cost reductions, with operating expenses and capital expenditures decreasing by over 64% year-over-year.
The company’s financial restructuring efforts continue to be a focal point, with gross debt remaining stable at R$11.2 billion. Oi has been working closely with creditors to preserve liquidity, including capitalizing interest payments due in June 2025. The company is also undergoing judicial reorganization processes to ensure financial sustainability and operational continuity.
Looking ahead, Oi’s management remains focused on completing its legacy decommissioning projects and further optimizing resources. The company aims to strengthen its position in the ICT market while navigating ongoing financial restructuring efforts to enhance its long-term stability and growth prospects.