Hi, go to China to associate with Huawei as part of the bankruptcy



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Undergoing restructuring in the midst of a reorganization plan, the operator Oi has entered into a partnership with the Chinese company Huawei to modernize the fiber optic network. The goal of the TV is to be able to route the fiber to over 20 million homes that are already covered by the Oi fixed network.

The partnership, formalized yesterday in China, was a form found by the Brazilian company to guarantee the restructuring provided for in its plan for bankruptcy.

"The new business model for optical fiber deployment will be improved with new contracts, so Oi will invest in a format just in time avoiding the construction of an inactive and responsive infrastructure more precisely at the request of customers for a higher bandwidth, "says the release.

The business partnership is based on the improvement of fiber optic infrastructure up to (FTTH), which allows both broadband and IPTV to be delivered to tele-customers In addition to fixed broadband, the partnership will also modernize the mobile infrastructure to expand service capacity LTE-Advanced (or 4.5G) with the progressive reduction of 2G and 3G technologies to make the network "ready for 5G deployment when this technology is available in the country", and also for the Internet of Things

The new x contracts provide that projects are completed within five years and can be anticipated. "The transformation process of the Oi network has already begun and has been achieved with the resources provided in this year's budget, as was the case with the implementation of optical fiber in Duque de Caxias and Cabo Frio (RJ) and Pouso Alegre and Divinópolis (MG). "

The projects will be intensified with funds from the capital increase of R $ 4 billion, which the Company intends to achieve in fresh money "as provided in the judicial recovery plan approved at the meeting of creditors and approved by the court."

According to Chinese society, the interest in the partnership is for the economic development of the countries in which it operates . "Taking into account the infrastructure of mobile connectivity and trends such as the cloud and the Internet of Things," he told Oi, Huawei is working with local entities and linking already more than two thirds of the Brazilian population

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