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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Monday, May 17, 2010

Sales Slip Slightly for Oi

Brazil's largest telecommunications company Oi last week said its revenues fell 0.4% year-on-year in the first quarter to 7.46 Brazilian reals (4.1 billion US dollars), according to Dow Jones Newswires. The wire service said the decline was caused by "falling fixed-line billing, which was only partially offset by growing mobile and data-transfer revenues." source: Total Telecom/Dow Jones
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