Telefônica Brasil filings document a Brazilian foreign private issuer with NYSE American depositary shares and B3-listed common shares. Its Form 20-F annual reports and Form 6-K current reports disclose IFRS financial results, mobile postpaid and fiber operations, 5G and FTTH capital investment, corporate data, ICT and digital services, risk factors and audited financial statements.
The filing record also covers board, shareholder and Fiscal Council minutes; interest on capital and other shareholder remuneration; performance-unit incentive plans; board composition; and other governance matters under Brazilian corporate and securities regulation. These disclosures connect VIV’s ADR program to the company’s local reporting, capital structure and recurring shareholder approvals.
Telefônica Brasil S.A. reports that its board of directors approved a new interest on capital distribution based on the balance sheet as of July 31, 2025. The gross amount is R$250,000,000.00, corresponding to R$212,500,000.00 net of withholding income tax. This equals a preliminary calculation of R$0.07773999142 per common share gross and R$0.06607899271 net, with the per-share amount subject to adjustment due to the company’s ongoing share buyback program.
The credit will be allocated to shareholders holding shares at the end of August 25, 2025, after which the shares will trade ex-interest on capital. The net amount will be credited toward the mandatory dividend for the fiscal year ending December 31, 2025, subject to shareholder approval at the 2026 ordinary general meeting, and payment is scheduled to occur by April 30, 2026 on a date to be set by the board.
Telefônica Brasil S.A. reported that its Fiscal Council unanimously approved a proposal to declare interest on capital based on the balance sheet of July 31, 2025. The proposed gross amount is R$250,000,000.00, corresponding to R$212,500,000.00 net of withholding income tax.
The proposed interest on capital equals R$0.07773999142 per share gross and R$0.06607899271 per share net, initially calculated using the shareholding position of July 31, 2025, and may change due to the share buyback program. Shareholders on record at the end of August 25, 2025 would be entitled to the credit, with shares trading ex-interest after that date. The net amount would count toward the minimum mandatory dividend for the fiscal year ending December 31, 2025, subject to approval at the 2026 ordinary general meeting, and payment would be made by April 30, 2026.
Independent review and financial snapshot. The independent auditor performed a review and stated that the individual and consolidated interim financial statements present fairly, in all material respects, Telefônica Brasil's financial position and performance under CPC 21 and IAS 34. The consolidated balance sheet shows total assets of R$126,475,682 and equity of R$68,139,419.
Operational and cash performance. Consolidated net operating revenue for the six-month period was R$29,035,365 (up from R$27,224,571), with consolidated net income of R$2,395,075 (up from R$2,127,618). Cash and cash equivalents increased to R$9,454,104 (from R$6,691,098), and operating cash generation remained strong (cash generated from operations: R$12,328,601 consolidated).
Corporate and regulatory notes. The company completed the acquisition of Samauma for up to R$80,000 (preliminary goodwill R$59,597; brand R$4,222; non-compete R$9,346) and disclosed regulatory developments and spectrum/authorization risks under ANATEL that could affect future operating conditions.