Brazil’s Oi posts Q4 loss on revenue drop

SAO PAULO, March 15 (BestGrowthStock) – Oi (TLNP4.SA: ), Brazil’s
largest fixed-line telephone company, posted a net loss of 365
million reais ($206 millon), compared with net income of 13
million reais a year earlier.

Stock Market

($1=1.764 reais)
(Reporting by Guillermo Parra-Bernal; Editing by Derek Caney)

Brazil’s Oi posts Q4 loss on revenue drop