Oi S.A. ( (OIBZQ) ) has released its Q2 earnings. Here is a breakdown of the information Oi S.A. presented to its investors.
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Oi S.A. is a Brazilian telecommunications company that provides a range of services, including fixed-line and mobile telephony, broadband, and digital solutions, with a focus on transforming its business model towards more advanced ICT services.
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. The company has been undergoing significant restructuring, including the completion of the sale of its Fiber and TV operations, which has impacted its revenue and cost structures.
Key financial highlights include a substantial year-over-year increase in revenue from domestic subsidiaries by 66.8%, driven by strategic growth and diversification efforts. Oi Soluções, the company’s ICT-focused business unit, saw a shift in its revenue mix towards higher value-added services, despite a decline in total revenue. The company also reported significant cost reductions, with routine costs and expenses down by 64.6% year-over-year, largely due to the divestment of non-core operations and efficiency measures.
The company maintained its gross debt at R$11.2 billion, with efforts to preserve liquidity through creditor support. Despite the challenges, Oi S.A. continues to focus on optimizing resources and advancing its legacy decommissioning projects, aiming to complete the migration to digital solutions by the end of 2025.
Looking forward, Oi S.A. remains committed to its strategic transformation and financial restructuring, with management expressing optimism about the company’s ability to navigate the current market conditions and achieve long-term sustainability.