SAO PAULO Dec 23 Orascom TMT Investments SARL
will have two out of nine seats on the board of Brazilian
telephone carrier Oi SA if its binding offer to buy
the company is successful, Karim Nasr, a representative of
Orascom, told Reuters in a Friday interview.
The remaining board seats will be filled by four independent
people and three representatives of the company's new
shareholders, mainly creditors of Oi who agree to participate in
a proposed capital injection, Nasr said.
(Reporting by Ana Mano; Editing by Will Dunham)