Oi S.A. - NOTICE TO THE MARKET: Transference of 2,007 Telecommunications
RIO DE JANEIRO, March 31, 2014
RIO DE JANEIRO, March 31, 2014 /PRNewswire/ -- Oi S.A. ("Oi") – BM&FBOVESPA:
OIBR3 and OIBR4 / NYSE: OIBR – in accordance with the Material Fact dated
December 3, 2013, hereby discloses to its shareholders and the market in
general that on March31, 2014, it concluded, through its subsidiaries Telemar
Norte Leste S.A. ("Telemar") and BRT Servicos de Internet S.A. ("BRTSI", and
together with Telemar, the "Sellers"), the transfer to SBA Torres Brasil Ltda.
(the "Buyer") of shares representing 100% of the capital stock of a company
controlled by the Sellers that owns 2,007 mobile telecommunications towers
(the "Transaction"), in exchange for the total aggregate amount of
Rio de Janeiro, March 31, 2014.
Bayard De Paoli Gontijo
Chief Financial Officer and Investor Relations Officer
SOURCE Oi S.A.
Contact: Patricia Frajhof, +55-11-3131-1315, firstname.lastname@example.org
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