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The Nexus
BUSINESSJul 10 · 08:23 UTCTHE RIO TIMESJavier Mendoza

Brazil’s Oi Has $3.8m Left and May Stop Running on 1 August

Brazil’s Oi, a telecom company, has $3.8m in cash left, and its court-appointed administrator warned the Rio de Janeiro appeals court that operations may become unsustainable by 1 August 2026, two months earlier than previously projected. The company’s cash reserves dropped from R$88.1m ($17.1m) to R$19.6m ($3.8m) by the end of July.

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Oiorganizationcourt-appointed administratorpersonRio de Janeiro appeals courtplaceThe Rio Timesorganization
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