Telefonica Brasil SA
BOVESPA:VIVT3

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Telefonica Brasil SA
BOVESPA:VIVT3
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Price: 33.45 BRL 0.51% Market Closed
Market Cap: 107.9B BRL

Telefonica Brasil SA
Investor Relations

Telefônica Brasil S.A., operating under the trusted brand name Vivo, is a prominent player in the Brazilian telecommunications landscape. Established as a subsidiary of the Spanish telecommunications giant Telefónica, Telefônica Brasil has adeptly navigated the complexities of Latin America’s largest economy by focusing on its core competencies: mobile and fixed telecommunications services. The company predominantly thrives in the mobile segment, where it offers a range of services from voice calls to data-heavy applications, capitalizing on the increasing smartphone penetration and the booming demand for reliable internet connectivity. Utilizing advanced infrastructure including 4G and burgeoning 5G networks, Vivo provides extensive coverage, ensuring robust service quality to its vast customer base.

At the heart of how Telefônica Brasil makes money is its strategic emphasis on innovation and customer-centric solutions. The company derives revenue from a diverse mix of sources—mobile services account for a significant chunk, with a blend of postpaid and prepaid offerings tailored to meet varying consumer demands. Meanwhile, its fixed-line services, encompassing broadband, Pay TV, and fixed telephony, serve as crucial pillars supporting its revenue model. By bundling services and leveraging data-driven insights to enhance customer experience, Vivo promotes long-term loyalty, translating into stable recurring earnings. This approach not only reinforces its brand loyalty but also positions the company as a pivotal enabler of connectivity in the region, crucial to economic and social infrastructure.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 31, 2025
AI Summary
Q3 2025

Strong Revenue Growth: Total revenues rose by 6.5% year-over-year to BRL 14.9 billion, driven by both mobile and fixed services.

Record Postpaid Net Adds: Vivo achieved its highest ever postpaid net additions, surpassing 1 million, reinforcing its market leadership.

Fiber Momentum: FTTH access grew 12.7% year-over-year, with the fiber footprint reaching 30.5 million homes and net adds at record levels.

EBITDA & Margins: EBITDA increased 9% year-over-year to BRL 6.5 billion, with margin expanding to 43.4%.

Shareholder Returns: BRL 5.7 billion was returned to shareholders so far in 2025, and guidance to distribute at least 100% of net income for 2025 and 2026 was reaffirmed.

Asset Sales Progress: Asset sales related to concession migration are underway, with BRL 232 million realized this quarter and a positive outlook for copper asset extractions.

Cost Discipline: Cost growth was kept below inflation at 4.6% year-over-year, reflecting operational efficiency.

Positive Outlook: Management remains optimistic about future growth in both mobile and fiber segments, supported by strong customer retention and ARPU trends.

Key Financials
Total Revenue
BRL 14.9 billion
Postpaid Mobile Revenue
BRL 8.3 billion
EBITDA
BRL 6.5 billion
EBITDA Margin
43.4%
Operating Cash Flow (before leases)
BRL 11.2 billion
Operating Cash Flow (after leases)
BRL 7.2 billion
Net Income
BRL 4.3 billion
Free Cash Flow
BRL 6.9 billion
FTTH (Fiber) Homes Connected
7.6 million
Fiber Footprint
30.5 million homes
Mobile Customers
103 million connections
Postpaid Mobile Customers
nearly 50 million
5G Customers
more than 21 million
Postpaid Churn (ex M2M/dongles)
0.98%
Mobile ARPU
BRL 31.5
Vivo Total Gross ARPU
BRL 230 per month
B2C Revenues (12 months)
BRL 44.1 billion
Revenue per RGU
BRL 64.6 per month
B2B Revenues (12 months)
BRL 13.2 billion
Cost
BRL 8.5 billion
CapEx (first 9 months)
BRL 6.9 billion
CapEx to Revenues Ratio
15.7%
Net Cash Position
BRL 3 billion
Net Debt (incl. IFRS 16)
BRL 11.1 billion
Leverage Ratio
0.5x EBITDA
Shareholder Remuneration (YTD 2025)
BRL 5.7 billion
Declared Interest on Capital (to be paid by April 2026)
BRL 2.7 billion
Shares Repurchased (YTD 2025)
48.4 million shares (1.5% of capital stock)
Asset Sales (Q3 2025)
BRL 232 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Christian Mauad Gebara
CEO & Director
No Bio Available
Mr. David Melcon Sanchez-Friera
Chief Financial & Investor Relations Officer
No Bio Available
Mr. Breno Rodrigo Pacheco de Oliveira
General Secretary & Legal Officer
No Bio Available
Ms. Paula Bragança França Mansur
Chief Audit Officer
No Bio Available
Mr. João Pedro Carneiro
Investor Relations Officer
No Bio Available

Contacts

Address
SAO PAULO
Sao Paulo
Av Engenheiro Luis Carlos Berrini, 1376 32 andar, Cidade Moncoes
Contacts
+551134303687.0
www.telefonica.com.br