In April, the UPI Mobile Assets sale was concluded, as part of the transformation plan of the Company. Approximately R$ 16 billion were received as a result of the operation. Besides that, for the next 12 months after the conclusion, Oi will continue to provide transition services, which will add more R$ 750 million to the whole value of the transaction.
In Jauary, the Purchase and Sale Agreement of the UPI Mobile was executed with Telefônica Brasil (Vivo), TIM e Claro.
In March, UPI Towers and Data Center was sold after Oi received R$ 1,1 billion from the buyers
In April, the “Right To Top” was granted to BTG/ Globenet
To achieve the objectives proposed in the Strategic Plan, the Company concluded the sale of its shares in Unitel and sold part of its real estates.
Company surpassed 1.6 million FTTH customers in August, anticipating the expected goal for 2020 by 4 months.
General Creditors Meeting held in August approved the Amendment to the Judicial Reorganization Plan and in September it was ratificated by the Judge.
UPIs Tower and Data Center auctions held in November.
Conclusion of ANATEL’s agreement with Oi under the Law nº 13.988/2020.
UPI Mobile auction held in December.
Capital increase via subscription of new shares with the participation of BackStoppers.
Disclosure of the Company’s new Strategic Transformation Plan focused on the expansion of Optic fiber in Brazil and on higher value-added businesses with a growth tendency and vision of the future.
Restructuring of Oi’s debt as a result of the approval of the Judicial Recovery Plan.
Pulverization of the shareholder base with the conversion of Bonds into shares
New pulverized shareholder base with no defined controller elects 11 independent members to the board of directors, becoming a real Corporation.
Expansion of investments focused on Fiber Optics and 4G and 4.5G Coverage.
Approval of the Judicial Recovery Plan, ensuring the restructuring of the Company’s debt and allowing expansion of investments and increase in share capital.
Launching of Oito, an entrepreneur and innovation hub which is reference in the generation of new businesses, acceleration of technological solutions, startup development and support to social initiatives.
Creation of two laboratories at Oi Futuro: Labsônica, created to stimulate creativity and innovate the sound field, and Labora, a connection, learning and creation meeting point for social entrepreneurs.
Launching of Oi Total, with national coverage and the most comprehensive product in the industry, fully convergent and defining the Company’s new market repositioning.
Launching of a new visual identity, reflecting its proposal for a more interactive, digital and dynamic brand.
Request for Judicial Recovery aimed at preserving the services provided by Empresas Oi while renegotiating debt in order to ensure the sustainability of the business.
Launching of the Company’s Integrity Program, implementing an anti-corruption policy and renewing its institutional policies.
Became the only telecommunications operator with a 100% fiber optics network across all 26 States and the Federal District of Brazil.
FIFA World cup
Acquisition of a stake in Portugal Telecom, expanding Oi’s international presence.
Formalization of the industrial alliance between Oi and Portugal Telecom.
Military World Games
Merger with Brasil Telecom, creating a company with nationwide presence.
Launching of nationwide portability services.
Launching of the 3G network and converging service packages.
Launching of mobile services in the state of São Paulo.
Acquisition of BRT.
Inauguration of the Telecommunications Museum in Rio de Janeiro and Belo Horizonte.
Unification of the Oi brand for all services.
Sponsorship and telecommunications provider for Panamericano Rio 2007
Became the first company to offer integrated telecommunications services at the Brazilian Comandante Ferraz Station in Antarctica.
Founding of Oi Móvel.
Grouping of 16 companies of the North, Northeast and Southeast operations of Telemar into one single company.
Founding of Telemar resulting from the privatization of the Telebrás System. The company was present in 16 Brazilian states.