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.
Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) announces its partnership with Meyenberg International Group to expand OxC-beta™ Livestock into Central and South America. Meyenberg, crucial to Avivagen's success in Mexico, will seek registrations in Costa Rica, Colombia, Peru, Uruguay, and Argentina. The five countries had a combined livestock feed consumption of approximately 40 million tonnes in 2020. OxC-beta™ Livestock offers a non-antibiotic solution to promote animal health and is already available in several countries, including the U.S. and Canada.
Telefônica Brasil (NYSE: VIV) announced its 4Q20 and full-year 2020 financial results, revealing a dip in net operating revenues, down 1.6% year-on-year for 4Q and 2.6% for the year. Mobile revenues increased by 1.6%, while fixed revenues fell by 7.7% in the fourth quarter. EBITDA stood at R$4,877 million, with a margin of 43.6%. The company achieved a net income of R$1,293 million for the quarter but a decline of 4.6% for the year, totaling R$4,771 million. Notably, free cash flow rose 12.6% to a record R$9,610 million, and a dividend payout of 113.6% was proposed for shareholders.
Mimi's Rock Corp. (TSXV:MIMI) and Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) have launched Dr. Tobias Beta Blend, a dietary supplement aimed at enhancing immune support and promoting skin and eye health. Available exclusively on Amazon and DrTobias.com, the product leverages Avivagen’s proprietary OxC-beta™ technology. Retailing at USD $29.97, this collaboration is expected to meet strong consumer demand, particularly in light of heightened awareness of immune health due to COVID-19.
Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) has secured a six-tonne order of OxC-beta™ Livestock from Transformadora Agricola de Alimentos S.A. de C.V in Mexico, starting April 2021 with monthly shipments of 500 kilograms. This is Avivagen's second significant order in Mexico within months, following a ten-tonne order in September 2020. CEO Kym Anthony expressed excitement over this new partnership and noted growing demand for their products in Mexico, where trials are ongoing with other prospective customers.
Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) reported its fiscal 2020 results, showcasing significant growth across several metrics. Revenues reached $1,177,857, up from $977,451 in 2019, while the comprehensive loss narrowed to $(4,751,287) compared to $(4,836,420) in the previous year. The company secured regulatory approvals in critical markets, including Malaysia, Brazil, and support from COFCO Biotech for the Chinese market. Significant orders for OxC-beta™ Livestock were recorded in various countries, highlighting a strong market position. Total assets were reported at $2,176,142, against total liabilities of $6,943,752.
Telefônica Brasil announced its 3Q20 results on Oct. 27, showcasing record fiber net adds and a recovery in prepaid services. Net Operating Revenues were R$10,792 million (-2.3% y-o-y), while Net Income rose by 25.5% to R$1,212 million. The company achieved a 40.0% EBITDA margin on R$4,322 million EBITDA. The fiber broadband customer base increased by 34.2%, accounting for nearly half of broadband accesses. Free Cash Flow reached R$3,540 million, up 34.5% y-o-y. The launch of Vivo Money, a digital lending platform, marked the expansion into financial services.
Telefônica Brasil reported its 2Q20 results, highlighting a net income of R$ 1,113 million, down 21.6% year-over-year. Despite a 5.1% decline in net operating revenues at R$ 10,317 million, EBITDA remained relatively stable at R$ 4,103 million with a margin of 39.8%. The company saw strong growth in FTTH subscribers, up 31.9% year-over-year. Free cash flow after lease payments increased significantly by 62.6% to R$ 5,362 million in the first half of 2020. Operating costs decreased by 5.9% due to reduced commercial activities, while investments in network expansion continued with R$ 1,909 million in capex.