Earlier this week Oi posted net annual revenue of BRL28.422 billion for 2013, an increase of 1.0 percent year-on-year, as growth in residential (up 3.3 percent year-on-year) and personal mobility (2.1 percent) turnover offset a 32.7 percent decline in value added service and other revenue. The company posted EBITDA of BRL8.873 billion for the year, compared to BRL8.873 billion in 2012.
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