New Street Research - Oi (Perf) (OIBR4) ... New Street: Brazil / Oi Q3s Quick Take - Inflection in residential fixed; MA still on track

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New Street Research

Soomit Datta

New Street: Brazil / Oi Q3s Quick Take - Inflection in residential fixed; M&A still on track

Oi reported good results overnight, with revenue 2% ahead and EBITDA 1% ahead of expectations.

13/11/2020 1 EN

Underlyings

Oi (Perf)

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OI S A

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US6708514012 Mexican Stock Exchange Brazil

Oi S.A. ON

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BROIBRACNOR1 BM&F Bovespa - Securities, Commodities and Futures Exchange Brazil

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New Street Research

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Analysts

Soomit Datta

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New Street: Brazil / Oi Q3s Quick Take - Inflection in residential fixed; M&A still on track

New Street: Brazil Telcos: Oi (Neutral, TP: Under review) - New look, post disposals / Debt restructuring, Round II

New Street: Oi (Neutral, TP: under review) Oi Q1 22 - Pro-forma Leverage update: Still High

New Street: Oi (Neutral, TP: under review) Oi Q1 22 - Running the numbers on pro-forma Leverage: Still High

WISE (Neutral, TP: £8.00 (from £8.30) , +10%) WISE - FY model update: On the Attack; Company call feedback

Evotec - Double Downgrade - Cut to SELL

Bible 1Q24 - Service Provider Infrastructure: Approaching the bottom of the cycle?

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