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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.

Tuesday, August 3, 2010

Broadband Bolsters Oi

Oi of Brazil said its consolidated net revenue rose 1.3% year-on-year in the second-quarter to 7.39 billion Brazilian reals (4.22 billion US dollars), shored up by rising sales of mobile broadband services.

Oi said it now has 4.31 million fixed broadband customers, up 5.9% year-on-year, and 556,000 mobile broadband customers, up 70% year-on-year. Of the 556,000 mobile broadband customers, 82,000 are using a mobile phone and 474,000 a USB modem.

Oi's capex in the second quarter was 446 million reals, down almost 53% year-on-year.  source: Oi statement

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