Cristiane Barretto - Chief Financial & Investor Relations Officer Mateus Bandeira - Chief Executive Officer Thalles Paixão - Chief Legal Officer Rogerio Takayanagi - Head of Strategy & Transformation Luis Plaster - Chief Investor Relations Officer Operator Cristiane Barretto Company Participants Leonardo Olmos - UBS During the company's presentation, all participants will be in a listen-only mode. Should you wish to ask a question, please click on the Q&A icon at the bottom of the screen and write your name ...

ask our | --- | --- | --- | |--------------------------------|------------------------------------------------------------------------------------------------|-------| | | | | | | | | | on Brazilian operations only. | This presentation includes information | | | | | | | | As of this quarter, we are presenting Oi Soluções excluding Wholesale Revenues, which are now | | | | treated as a separate line in the group of Non-Core Revenues. For comparison purposes, we are | | | compared in this presentation. | pres ...

3Q23 earnings presentation OTFIBR Is a game change ask our disclaimer | --- | --- | |------------------------------|-------| | | | | | | | | | | | | | This presentation only | | | | | | includes information for the | | | | | | Brazilian operations. | | | | | This presentation contains forward-looking statements as defined in applicable Brazilian regulations. Statements that are not historical facts, including statements regarding the beliefs and expectations of Oi, business strategies, future synergies, cos ...

Oi S.A. (OTC:OIBZQ) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Company Participants Rodrigo Abreu - CEO Cristiane Barretto - CFO Luis Plaster - IR Director Conference Call Participants Leonardo Olmos - UBS Operator Good morning, ladies and gentlemen, and thank you for joining Oi S.A.'s Conference Call for the Third Quarter of 2023. The event will be held in English with simultaneous translation into Portuguese. Please be informed that this conference is being recorded and it will be availa ...

Oi S.A. (OTC:OIBZQ) Q2 2023 Earnings Call Transcript August 11, 2023 10:00 AM ET Company Participants Rodrigo Abreu - Chief Executive Officer Cristiane Barretto - Chief Financial Officer Luis Plaster - Investor Relations Director Conference Call Participants Operator Good morning, ladies and gentlemen, and thank you for joining Oi S.A.'s Conference Call for the Second Quarter of 2023. The event will be held in English with simultaneous translation into Portuguese. Please be informed that this video conferen ...

Oi S.A. (OTC:OIBZQ) Q1 2023 Earnings Conference Call June 15, 2023 10:00 AM ET Company Participants Rodrigo Abreu - Chief Executive Officer Cristiane Barretto - Chief Financial Officer Luis Plaster - Investor Relations Director Conference Call Participants Lucas Chaves - UBS BB Operator Good morning, ladies and gentlemen, and thank you for joining Oi S.A.'s Conference Call for the First Quarter of 2023. The event will be held in English with simultaneous translation into Portuguese. Please be informed that ...

OIBR B3 LISTED N1 1Q23 earnings presentation disclaimer | --- | --- | |--------------------------------------------|--------------| | | | | | | | Operating results include | Mobile | | | | | until Mar-22 and V.tal | | | | until May22. | | | | | This presentation only includes | | | information for the Brazilian operations. | | This presentation contains forward-looking statements as defined in applicable Brazilian regulations. Statements that are not historical facts, including statements regarding the beli ...

Financial Data and Key Metrics Changes - The company reported a net loss of over R$17 billion in Q4 2022, primarily due to a major accounting adjustment related to the impairment of legacy assets, with no cash impact [7][8] - Total revenues grew by 5.6% year-over-year, with fiber revenues increasing by 25.5% and B2B revenues by 3.5% [13][14] - Operating expenses (OpEx) decreased by 25% year-over-year, while capital expenditures (CapEx) saw a significant reduction of 73% [15][31] Business Line Data and Key Metrics Changes - The New Oi's core operating metrics showed solid results, with fiber revenues representing 46% of total revenues and growing at 26% year-over-year [20][21] - Legacy operations continued to decline, with a 30% drop in revenues, but this was offset by strong growth in fiber and B2B segments [21][22] - The company achieved a reduction in recurring personnel costs by 16.2% year-over-year, following a significant headcount reduction [30] Market Data and Key Metrics Changes - Oi maintained a market share of approximately 31% in cities where Oi Fibra operates, despite a competitive environment [23] - The average revenue per user (ARPU) for fiber services increased by 6%, contributing to the profitability of Oi Fibra [24] Company Strategy and Development Direction - The company is focused on transitioning to a new operating model, emphasizing fiber and B2B businesses while winding down legacy costs [11][12] - Oi is engaged in negotiations with Anatel regarding the migration from a concession to an authorization model, which is critical for future operations [9][80] - The judicial recovery plan aims to reduce indebtedness and ensure liquidity while addressing legacy business challenges [45][90] Management's Comments on Operating Environment and Future Outlook - Management acknowledged significant challenges ahead, including debt reduction, resolving legacy issues, and improving operational efficiency [88][90] - The company expects to see improvements in cash flow and operational performance as it continues to implement its recovery plan [95] Other Important Information - The company received recognition for its fiber service quality, ranking as the best fiber connection in Brazil according to customer preference scores [27] - Oi is committed to ESG goals, achieving significant milestones in recycling and employee development [84][86] Q&A Session Summary Question: What are the drivers behind the evolution of CapEx and ONT costs? - The company highlighted three main drivers: technological evolution leading to lower ONT prices, increased use of refurbished equipment, and improved installation techniques [98][100][104] Question: What are the main concerns of individual shareholders? - The company addressed various concerns raised by individual shareholders, focusing on transparency and communication regarding financial performance and strategic direction [107][108]

Financial Data and Key Metrics Changes - The new Oi's revenues grew by 10% year-over-year, with core revenues representing 70% of total revenues [9][29] - Consolidated revenues reached R$ 2.7 billion, with a decline in legacy revenue of R$ 900 million, a decrease of 28% year-over-year [27] - A significant reduction in gross financial debt was achieved, with a 60% reduction since the start of judicial recovery and a 35% reduction since Q1 2022 [13] Business Line Data and Key Metrics Changes - Oi Fibra, the core component for future growth, now represents close to 43% of revenues, with FTTH accesses growing by 36% year-over-year and homes connected increasing by 21% year-over-year [15][16] - Oi Solutions, representing about 30% of revenues, grew by 40% year-over-year, with ICT sales accelerating by 55% year-over-year [17][39] - Legacy services account for 19% of revenues and are in decline, but the company is addressing challenges through regulatory engagement [21][22] Market Data and Key Metrics Changes - Oi has achieved a market share of over 60% in the broadband consumer market, leading in 11 states and being the second-largest in most others [36][37] - The fiber revenue reached over R$ 4 billion in annualized revenue, demonstrating sustained growth above 30% [31] Company Strategy and Development Direction - The company is transitioning to a new operational model focused on fiber and ICT services, aiming to streamline operations and reduce costs [5][7] - A proposed reverse stock split of 50:1 is intended to improve liquidity and align share prices with market practices [75][78] - Oi is investing in digital platforms and new revenue areas, including Oi Energy and Oi Place marketplace [42][45] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges posed by legacy operations but expresses confidence in the growth potential of the new Oi [85][89] - The company expects EBITDA margins to improve significantly in the long term, targeting over 20% as legacy impacts are minimized [96][100] Other Important Information - The company is engaged in disputes regarding mobile sale price adjustments, with ongoing arbitration processes [62][66] - Oi has hired Moelis & Company to optimize its capital structure and assist in discussions with creditors [60] Q&A Session Summary Question: What should be expected for EBITDA margins going forward? - Management indicated that while there was a reduction in EBITDA margins due to the transition to a new model, they expect margins to improve to 14% in 2024 and over 20% in the long term [92][96] Question: Can you provide details on the mobile sale disputes? - Management highlighted that the buyers' claims included material errors and that Oi has strong grounds to dispute these claims, with intentions to resolve them amicably or through arbitration if necessary [93][102] Question: What is the outlook for legacy operating free cash flow losses? - Management noted that legacy cash flow losses could be higher than the estimated R$ 100 million due to fixed costs associated with legacy operations [108][114] Question: What is the expected CapEx for 2023? - Management confirmed that CapEx is expected to be around R$ 1.2 billion for 2023, with plans to reduce it further in the long term [109][115] Question: Where is V.tal being booked in the financials? - Management clarified that V.tal's financials are not consolidated but represent a significant value stake for the company [110]

OIBR B3 LISTED N1 3Q22 earnings presentation November 10, 2022 disclaimer | --- | --- | |-------|-----------------------------------------------| | | | | | | | | | | | Operating results include Mobile until Mar-22 | | | and V.tal until May-22. | | | | | | includes information for the | This presentation contains forward-looking statements as defined in applicable Brazilian regulations. Statements that are not historical facts, including statements regarding the beliefs and expectations of Oi, business strat ...