Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
Bankruptcy and liquidation order
Reference material reports that Oi was declared bankrupt and ordered to liquidate its assets, effectively ending the company’s independent operation.
2023
Second bankruptcy-protection proceeding
Oi filed again for Chapter 15 protection in the United States while continuing restructuring proceedings in Brazil. The filing reflected unresolved creditor and liquidity pressures.
2016
Large-scale debt and judicial recovery
Oi’s filing for judicial recovery followed debt accumulation and financial stress associated with its expansion, the Portugal Telecom transaction, and the failure of Rioforte to make an agreed payment. The case became one of Brazil’s largest corporate restructuring proceedings.