BRASILIA, June 20 Brazil's telecom carrier Oi SA signed a debt standstill agreement for 180 days with state-owned development bank BNDES, the newspaper Valor Economico said on Monday.
The size of Oi's debt to BNDES was unclear, according to the newspaper. It added that, overall, the company owed about 10 billion reais to development banks.
18:21 Mark Zuckerberg takes the stand in $2 billion lawsuit claiming Oculus theft7
16:16 Luxottica, Essilor $24 billion merger creates eyewear giant17
19:08 U.S. indicts three Takata executives, fines company $1 billion in faulty air bag scandal16
13:48 Wells Fargo Profit Falls 5.4% as Mortgage Revenue Declines24