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Oi - About the company

Oi is a seed company based in Rio de Janeiro (Brazil), founded in 1963. It operates as a Provider of voice calling and fiber optic internet services. Oi has raised an undisclosed amount in funding. The company has 143 active competitors, including 3 funded and 24 that have exited. Its top competitors include companies like AT&T, Verizon and Telecom Italia.

Company Details

Oi is a telecommunication service provider which provides broadband internet, phone, video, data services and solutions to residential, SMBs and enterprise business users in Brazil and South America. The company offers fiber optic/ cable/ ADSL/ wireless/ mobile broadband internet services, local and long-distance fixed telephone and cellular service, digital cable television service with DVR, on-demand and mobile streaming services, dedicated links with point-to-point and point-to-multipoint connectivity solutions, hosting, virtual server, colocation and data center solutions, and cost-effective bundle services. It caters to education, healthcare, government, and corporate sectors. In 2013, Oi had a merger with Portugal Telecom, the largest telecommunication company in Portugal. Oi is the largest telecommunications company in Brazil and South America, both in terms of subscribers and revenues, and its major subsidiaries include Telemar and Brasil Telecom. In 2018, the company recorded annual revenues of $6B, and a net profit of $6.7B.
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Key Metrics
Founded Year
1963
Location
Rio de Janeiro, Brazil
Stage
Seed
Ranked
Employee Count
19,961 as on Aug 31, 2026
Investment & Acquisitions
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Oi's funding and investors

Oi has raised funding over 3 rounds. Its latest funding round was a Conventional Debt round on Aug 13, 2018 for $*****. 1 investor participated in its latest round. Oi has 1 institutional investor.

Here is the list of recent funding rounds of Oi:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 13, 2018
4163727
Conventional Debt
1571400
9808691
4118895
2871537
2004
4412
Seed
1716
1267
5897
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Oi's founders and board of directors

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Oi's employee count trend

Oi has 19,961 employees as of Aug 26. Here is Oi's employee count trend over the years:
Employee count trend for Oi
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Oi's Competitors and alternates

Top competitors of Oi include AT&T, Verizon and Telecom Italia. Here is the list of Top 10 competitors of Oi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AT&T
AT&T
1876, Dallas (United States), Public
Provider of wireless and internet services
-
79/100
2nd
Logo for Verizon
Verizon
1983, New York City (United States), Public
Provider of wireless, internet, TV, and phone services
-
78/100
3rd
Logo for Telecom Italia
Telecom Italia
1994, Rome (Italy), Public
Integrated telecom service provider
-
78/100
4th
Logo for Vodafone
Vodafone
1982, Newbury (United Kingdom), Public
Virtual card-linked wallet for consumer payments
-
77/100
5th
Logo for Comcast
Comcast
1963, Philadelphia (United States), Public
Provider of phone, internet, and television services
-
72/100
6th
Logo for Algar Telecom
Algar Telecom
1954, Uberlandia (Brazil), Late Stage
Integrated telecommunication services provider in Brazil
$270M
 
71/100
7th
Logo for Orange
Orange
1988, Issy les Moulineaux (France), Acquired
French Telecommunication major
-
71/100
8th
Logo for Telefonica
Telefonica
1924, Madrid (Spain), Public
Provider of mobile and fixed-line telephony services
-
66/100
9th
Logo for Africell
Africell
2001, Beirut (Lebanon), Funding Raised
Provider of mobile communication services
-
66/100
10th
Logo for QMC Telecom
QMC Telecom
2011, San Juan (Puerto Rico), Series B
Provider of cellular connectivity infrastructure solutions
$104M
62/100
16th
Logo for Oi
Oi
1963, Rio de Janeiro (Brazil), Seed
Provider of voice calling and fiber optic internet services
-
-
56/100
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Oi's Investments and acquisitions

Oi has a total of 1 investment in Exa. Oi has not made any acquisitions as of now.

Reports related to Oi

Here is the latest report on Oi's sector:

News related to Oi

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Media has covered Oi for a total of 13 events in the last 1 year, 4 of them have been about company updates.
•
Oi signs sale of telephone services unitGrupoglobo•Jul 12, 2026•com.br, Oi
•
Oi Receives Court Clearance to Sell V.tal StakeTelecompaper•Jan 30, 2026•Oi
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FAQs about Oi

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