Shares In Oi Telefonica Brasil Slide After Firms Cited In...
From BAPHL Wiki
BRASILIA, Dec 10 (Reuters) - Shares in Brazilian telecoms Oi and Telefonica Brasil SA fell sharply in early trade on Tuesday, dragging the sector lower, after they were cited in the latest phase of the country's sweeping Car Wash corruption probe.
Oi's preferred shares fell as much as 4.8% to 1.18 reais and preferred shares in Telefonica Brasil, vivo y71 firmware which operates under the vivo PD1731F flash file, brand in Brazil, vivo y71 flash file fell as much as 2.8% to 55.32 reais. Shares in Tim Participacoes, which was not cited, fell 1.5%. (Reporting by Jamie McGeever, editing by Louise Heavens)
Advertisement
