November 14, 2018 / 10:28 AM / in a month

Brazil's Oi reports Q3 loss as revenues falls across the board

RIO DE JANEIRO, Nov 14 (Reuters) - Oi SA, Brazil's largest fixed lined telecoms company, reported on Wednesday a net loss of 1.34 billion reais ($352 million) for the third quarter as revenue fell across business segments and due to restructuring costs.

The loss was much bigger than a net loss of 19 million reais reported in the same period of last year. ($1 = 3.80 reais) (Reporting by Gram Slattery; Editing by Susan Fenton)

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