• Print
  • Send to a friend

Other Notices

2Q17 Results

EBITDA increase based on operational efficiency combined with improvements in quality indicators

Oi once again reports year-on-year EBITDA and margin increase

  • Routine EBITDA totaled R$ 1,601 million in 2Q17, 10.8% increase y.o.y.
  • Routine EBITDA margin reached 27.6%, 4.8 p.p. increase y.o.y.

Oi reduces costs by R$ 687 million in the quarter, totaling a R$ 1.2 billion cost reduction in the first half of 2017

  • The Company is focused on reducing costs ensuring operational efficiency and business sustainability.

Continuous increase in infrastructure investments reinforce our commitment to business sustainability

  • Oi expanded its investments to R$ 1.2 billion in 2Q17, 1.1% increase y.o.y.
  • Capex to net revenue ratio also increased, reaching 21.2%.

Despite higher investments, Oi’s operational cash flow grows significantly in 2017

  • Operational cash flow (Routine EBITDA - Capex) moved up 62.4% in the quarter compared with the same period in 2016, driven by the significant EBITDA increase in the period.

Operational efficiency with continuous improvement in operational and quality indicators reflects in better customer experience

  • Operational initiatives focused on preventive and productivity measures, evolution of the customer care model and digitalization are directly lead to continuous improvement of operational, quality and complaint indicators, as well as operational efficiency gains.
  • As a result of the improvement in efficiency, Oi’s opex fell 14.1% y.o.y. and 4.2% q.o.q., despite accumulated inflation of 3.0% in the last twelve months.
  • Improvement of operational and quality indicators translates into a substantially better customer experience, with significant reductions in ANATEL, PROCON and Small Claims Court (JEC - Juizado Especial Cível) complaint indicators, down 28.6%, 21.6% and 58.7% y.o.y., respectively.

Net loss of R$ 3.3 billion reflects the impact of the exchange rate on the financial result, as Oi terminated its hedging transactions due to the Judicial Reorganization

Oi’s Judicial Reorganization process continues to advance, despite the complexity of the process

Launch of unprecedented product in the market reinforces the Company’s digital transformation process

  • Oi Total Play is another pioneering Oi service that combines fixed line and broadband, including an extensive on demand video content.

Click here to see the PDF version.

(¹) This translation is still subject to the auditors review