Oi SA (OIBRQ) reported Q2 net earnings from cont ops of (R 656 mln) versus (R 442 mln) last year; revs -8.8% YoY to R 8.624 bln versus R 6.607 bln Capital IQ consensus
- Residential ARPU continued to improve, presenting an increase of 4.5% up y.o.y. and 1.6% up q.o.q., and reaching R$ 82.1 in 2Q16. It is worth noting the positive ARPU performance in each of the services: wireline, broadband and pay TV.