Oi targets debt lifebelt with $65M data centre deal - Mobile World Live 16 MAR 2021 Brazilian operator Oi continued to shed assets as part of a reorganisation designed to steer it out of troubled financial waters, closing a data centre deal with financial group Piemonte Holding worth BRL367 million ($65.3 million). In a statement, Brazil-based Piemonte Holding said it acquired five data centres from Oi. The group paid BRL250 million in cash, with the remainder set to be paid in instalments. It is the first of several sales Oi plans in the coming years. Oi’s data centres join Piemonte Holding’s Titan Elea Digital unit, taking its share of Brazil’s colocation market to around 10 per cent.