V

Telefonica Brasil SA
D

VIV

8.76000
USD
0.05
(0.57%)
Market Closed
Volume
12,468
EPS
3
Div Yield
5.78
P/E
15
Market Cap
14,284,412,567
News

Title: Telefonica Brasil SA

Sector: Communication Services
Industry: Telecom Services
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 100 million customers, which is equal to about 39% market share. The firm is strongest in the postpaid business, where it has 65 million customers, or about 41% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 7 million households on this network. The firm also sells pay-tv and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 8% of total revenue.