Financial Highlights - Oi's Q1 2020 Fiber revenue experienced a significant year-over-year growth of 701%[7] - Postpaid revenue increased by 12% annually[7] - IT Corporate revenue grew by 38% annually[7] - The company closed a bridge loan of 25 billion reais[7] - The company received $1 billion from Unitel in January[7] Operational Performance - Oi reached 1 million FTTH customers[7] - 97 thousand new FTTH homes were connected in April alone[7] - Fiber project implementation continues at a strong pace, reaching 1 million FTTH clients[9] - Postpaid customer base increased by 206% from 8114 thousand in 1Q19 to 9784 thousand in 1Q20[19] Strategic Initiatives - The company is pursuing strategic options at the General Creditors Meeting (GCM) for plan amendments and company flexibility, expected for August 2020[7] - Market process for mobile sale is in progress[7] - Structural separation for value maximization is underway, focusing on Infra Co and Client Co[7] - The company is implementing simplification initiatives to generate savings in line with targets for the year[7]
Oi(OIBZQ) - 2020 Q1 - Earnings Call Presentation