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Stock Market & Financial Investment News

News Breaks
October 5, 2012
09:40 EDTVIVTelefonica Brasil upgraded to Buy from Neutral at UBS (pre-open)
News For VIV From The Last 14 Days
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July 30, 2014
07:41 EDTVIVTelefonica Brasil reports Q2 revenue R8.62B vs R. 8.49B a year ago
Total accesses reached 94.9M in the quarter. Consistent leadership in higher revenue mobile segments, with acceleration in contract accesses growth, +26.5% y-o-y in 2Q14 with net additions reaching 1,257 thousand in the quarter. Mobile ARPU recorded annual growth of 2.3% in 2Q14, despite MTR reduction, fueled by the growth in Data ARPU, +15.4% in the same period. Fixed voice accesses recorded quarterly growth of 98 thousand accesses in 2Q14, driven by net additions with FWT technology, which reached 168 thousand in the period. FTTH accesses totaled 273 thousand in 2Q14, with acceleration of net additions in the period. FTTH footprint reached 2.9 million homes passed in the quarter. TV accesses grew 43 thousand accesses totaling 688 thousand subscribers. Mobile service revenue recorded variation of +6.0% y-o-y. Excluding the effect of the MTR reduction, this figure came to +9.3% in 2Q14 over 2Q13. Fixed service revenue posted y-o-y variation of -5.4%. Excluding the VC and basic tariff reduction effects, this figure came to -2.4% versus 2Q13.

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