Morning Hot Equities Review & Reports For: (NYSE: OIBR), (NYSE: ODP)
Oi SA (ADR) (NYSE:OIBR) has secured a loan of BRL5.4 billion (USD2.65 billion) from the country’s development bank BNDES. The funding will be used to help Oi fulfil its investment plans until 2014, including the rollout of 4G Long Term Evolution (LTE) technology.
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