Oi rivals seen gaining while bankruptcy puts Brazil M&A hopes on hold

SAO PAULO (Reuters) - Brazil's No. 4 wireless carrier Oi SA faces long odds in trying to reorganize under the country's complex bankruptcy code, offering rivals a chance to bolster their market dominance while leaving hopes for consolidation in the $45 billion industry on hold for now.

from Reuters: Technology News http://ift.tt/28QrQJ9