Welcome to our dedicated page for Telefonica news (Ticker: VIV), a resource for investors and traders seeking the latest updates and insights on Telefonica stock.
Telefônica Brasil reports developments for its Vivo telecommunications business in Brazil, including mobile postpaid service, fiber-to-the-home broadband, fixed revenues, corporate data, ICT and digital services, and 5G network investment. Company updates commonly cover revenue, EBITDA, net income, operating cash flow, ARPU, churn, customer access trends, homes passed and connected, and capital spending across mobile and fiber operations.
News for VIV also includes shareholder remuneration actions such as interest on capital, capital reductions and share buyback programs, along with annual Form 20-F filing announcements and governance-related disclosures for its NYSE-listed American depositary shares and B3-listed common shares.
Telefônica Brasil reported strong results for 1Q24 with above-inflation growth in revenues, EBITDA, and net income. The company saw a 6.5% YoY increase in net operating revenue, driven by mobile services, FTTH, and corporate data services. EBITDA grew by 6.8% YoY, reaching R$5,277 million, with a margin of 39.0%. Operating cash flow increased by 4.5% YoY to R$3,403 million. The company's net income attributed to Telefônica Brasil reached R$896 million in 1Q24, a 7.3% YoY increase.
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Telefônica Brasil S.A. (NYSE: VIV) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022, with the U.S. Securities and Exchange Commission on February 17, 2023. The report provides comprehensive insights into the company’s financial performance and can be accessed via the SEC's website or the company's investor relations site. Shareholders may also request a hard copy of the audited financial statements at no charge. This filing is crucial for investors monitoring the company’s compliance and financial health.
Telefônica Brasil (VIV) reported robust growth in its 4Q22 and full-year results. Net Operating Revenues reached R$12,659 million, marking a 10.1% YoY increase. The customer base expanded to 112 million accesses, representing a 13.7% growth. Mobile Service Revenue surged by 13.6% YoY, with postpaid and prepaid revenues increasing by 13.2% and 15.0%, respectively. The company declares R$5,104 million in dividends for 2022 and proposes an additional R$826.7 million to be ratified in April 2023. Despite a 57.2% decline in net income, the outlook remains positive with a projected CAPEX of up to R$9 billion for 2023.
Telefônica Brasil (NYSE: VIV) reported solid financial results for 3Q22, with Net Operating Revenues reaching R$12,199 million, up 10.6% year-over-year. Mobile Service Revenue grew 13.8%, alongside a significant 25.9% rise in Handset Revenue. Despite disconnecting 3 million inactive mobile accesses, Postpaid and Prepaid Revenues saw growth of 12.0% and 21.5%, respectively. Recurring EBITDA increased by 12.3% to R$4,957 million, with a margin of 40.6%. The company also initiated a share buyback program amounting to R$144 million and reported a 9.2% dividend yield.
Telefônica Brasil (VIV) reported strong financial results for 2Q22, with net operating revenues increasing by 11.1% year-over-year to R$11.831 billion, driven by mobile service revenue growth of 15.1%. The company added 4.671 million postpaid accesses through the Oi Mobile acquisition and achieved total subscribers of 113.706 million. Recurring EBITDA rose 8.3% to R$4.578 billion with a margin of 38.7%. Despite a 44.6% decline in net income to R$746 million, free cash flow post-leases improved by 15.5% to R$2.157 billion. The company also issued R$3.5 billion in sustainability-linked bonds.