the Hey On Friday (28) it reported that it had received the release of the amount of R$ 517.4 million deposited in a linked account (“escrow”) with BradescoFor the benefit of the National Telecommunications Agency (Anatil).
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Value arises from an agreement within the scope of the ongoing administrative process in Federal Court of Audit (TCU), Oi and Anatel agreed to release the amounts deposited in a legal proceeding related to the Telecommunications Services Universalization Fund (FOST).
The release was approved by court decision as part of the company’s recovery process, which was confirmed by the Rio de Janeiro Court of Justice.