{"id":216740,"date":"2021-03-16T11:37:39","date_gmt":"2021-03-16T11:37:39","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=312387"},"modified":"2021-03-16T11:37:39","modified_gmt":"2021-03-16T11:37:39","slug":"oi-targets-debt-lifebelt-with-65m-data-centre-deal","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/03\/16\/oi-targets-debt-lifebelt-with-65m-data-centre-deal\/","title":{"rendered":"Oi targets debt lifebelt with $65M data centre deal"},"content":{"rendered":"

<\/p>\n

\tBrazilian operator Oi continued to shed assets as part of a reorganisation designed to steer it out of troubled financial waters, closing a data centre deal with financial group Piemonte Holding worth BRL367 million ($65.3 million).<\/p>\n

In a statement, Brazil-based Piemonte Holding said it acquired five data centres from Oi. The group paid BRL250 million in cash, with the remainder set to be paid in instalments.<\/p>\n

It is the first of several sales Oi plans in the coming years.<\/p>\n

Oi’s data centres join Piemonte Holding\u2019s Titan Elea Digital unit, taking its share of Brazil’s colocation market to around 10 per cent.<\/p>\n

Piemonte Holding CEO Alessandro Lombardi described Oi\u2019s reorganisation as an \u201cinjection of optimism for Brazil\u201d.<\/p>\n

In its own statement, Oi said the sale was part of a transformation plan designed to reposition it as the “largest provider of telecommunications infrastructure” in Brazil.<\/p>\n

Oi filed for bankruptcy protection [1] in June 2016 with debt of BRL65.4 billion.<\/p>\n

It agreed to sell its mobile operations [2] to rivals Telefonica, Telecom Italia and Claro as part of its restructure.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/oi-files-for-bankruptcy-protection-after-negotiations-fail
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/tim-telefonica-claro-strike-oi-deal<\/p>\n\n

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Brazilian operator Oi continued to shed assets as part of a reorganisation designed to steer …<\/p>\n

The post Oi targets debt lifebelt with $65M data centre deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Oi targets debt lifebelt with $65M data centre deal - ITTeacherITFreelance.hk","description":"Brazilian operator Oi continued to shed assets as part of a reorganisation designed to steer ... The post Oi targets debt lifebelt with $65M data centre deal ap"},"footnotes":""},"categories":[11,8],"tags":[8033],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/216740"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=216740"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/216740\/revisions"}],"predecessor-version":[{"id":216741,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/216740\/revisions\/216741"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=216740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=216740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=216740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}