The Director of Regulatory Matters of Oi, Paulo Mattos, anticipated that the company will present a remedy against the decision of Agencia Nacional de Telecomunicaciones, ANATEL (Telecom Regulator) to set conditions on Portugal Telecom (PT) entry to Oi's shareholding, after the company pays its debts to funds such as FISTEL (Telecom Auditing Fund) and fines imposed on the last years.

The executive acknowledged that today, Oi holds a total of 92 processes totaling fines for US$73.2 million and that is explained by the fact that there is a business decision to appeal any sanction exceeding the US$590,000.