Brazil's Oi sees deals on fees, fixed concessions this year
SAO PAULO May 12 (Reuters) - Brazilian phone company Oi SA is nearing deals with telecommunications regulator Anatel to resolve liabilities and renegotiate fixed-line concessions this year, Chief Executive Bayard Gontijo said on a Thursday earnings call.
Gontijo said he expected to settle 5 billion reais ($1.4 billion) of Anatel fees in exchange for investments to improve service over the next four years.
($1 = 3.4832 Brazilian reais) (Reporting by Brad Haynes and Alberto Alerigi Jr. Editing by W Simon)
© Thomson Reuters 2017 All rights reserved.