Markets · Corporates
—The flop. A court auction for Oi Soluções, the last big asset of Brazil’s fallen telecom champion, drew no bidders at all.
—The unit. Oi Soluções sells connectivity and information-technology services to companies and the public sector, with a court floor price of R$1.417 billion ($274 million).
—The no-shows. Rivals Vivo, Claro and TIM, plus the BTG-controlled fibre group V.Tal, had all been expected to look, yet none put in a sealed bid.
—The deadline. A Rio court gave the company and its court-appointed overseers until June 22 to explain what happens after the failed sale.
