Brazil's Oi to sell assets to repay debt, bolster profit
date:Feb 20, 2014
ear before to 3.496 billion reais due to the GlobeNet sale.

Several banks' equity research desks declined to give earnings estimates for Grupo Oi. Some cited rules barring such forecasts while engaged in an investment banking transaction with the company.

Oi confirmed this month that a group of banks had agreed to contribute 6 billion reais to its upcoming capital increase.
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