Telecoms
Key Facts
—The warning. Oi’s court-appointed administrator told the Rio de Janeiro appeals court that projected end-July cash has fallen from R$88.1m ($17.1m) to R$19.6m ($3.8m).
—The date. At that level the administrator says the operation becomes unsustainable from 1 August 2026, roughly two months earlier than the April projection foresaw.
—Not a recovery. A Rio court already converted Oi’s judicial recovery into bankruptcy with provisional continuation, a ruling suspended by injunction while appeals are heard.
