Brazil Telecom Firm Oi to Liquidate After Decade of Struggles

An Oi retail store in Rio de Janeiro in 2023. — An Oi retail store in Rio de Janeiro in 2023.
Photographer: Maria Magdalena Arrellaga/Bloomberg

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By Giovanna Bellotti Azevedo, Rachel Gamarski, and Cristiane Lucchesi

November 10, 2025 at 5:35 PM UTC

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Troubled Brazilian telecom operator Oi SA will be liquidated following two failed court restructuring processes that ranked among the largest in Brazil’s history.