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%.