Oi S.A. Appoints Roger Sol Rafols to its Board of Directors
October 04, 2018 at 05:01 pm EDT
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Oi S.A. In Judicial Reorganization in continuation to the Notice to the Market published on September 26, 2018, hereby informs to its shareholders and to the market in general that the Board of Directors of the company appointed, on this date, Mr. Roger Sol Rafols to hold the vacant position on the Board of Directors, in accordance with article 150 of Law No. 6,404/76, of Clause 9.6 of the Judicial Reorganization Plan and of the only paragraph of Article 30 of the Company's Bylaws. The effectiveness of the investiture of Mr. Sol is conditioned on the prior acceptance of the National Telecommunications Agency ANATEL, in accordance with Decision No. 3, of January 6, 2017. He has been Vice-President of Marketing at Sprint Corporation since 2015.
Oi SA em Recuperacao Judicial, formerly Oi S.A., is an integrated telecommunications service provider in Brazil. The Company is a switched fixed-line telephony services (STFC) concessionaire. It is engaged in the provision of STFC as a local and intraregional long-distance carrier. Its segments include Residential Services, Personal Mobility, and SMEs/Corporate. It offers a range of integrated telecommunications services that include fixed and mobile, broadband, pay television (TV), data transmission and Internet provider services. The Company's Residential Services segment is focused on the sale of fixed telephony services, including voice services, data communication services (broadband), and pay TV. The Personal Mobility segment is focused on the sale of mobile telephony services to subscription and prepaid customers, and mobile broadband customer. The SMEs/Corporate segment includes corporate solutions offered to its small, medium-sized, and large corporate customers.