SAO PAULO, Nov. 4, 2015 /PRNewswire/ -- Telefonica Brasil - (Bovespa: VIVT3 [Common Shares] / VIVT4 [Preferred Shares]; NYSE: VIV), announces its consolidated results for the 3Q15. In this quarter, Vivo sustains solid revenue growth with expansion in the fixed line segment and record increase in mobile data.
| R$ million1 |
3Q15 |
%YoY |
9M15 |
%YoY |
| Net Operating Revenues |
10,581 |
5.2 |
31,373 |
5.2 |
| Net Mobile Revenues |
6,286 |
6.2 |
18,727 |
7.2 |
| Net Fixed Revenues |
4,295 |
3.9 |
12,646 |
2.5 |
| Recurrent Operating costs |
(7,382) |
5.6 |
(21,928) |
6.3 |
| Recurrent EBITDA |
3,198.6 |
4.3 |
9,444.6 |
3.0 |
| Recurrent EBITDA Margin (%) |
30.2% |
(0.3) p.p. |
30.1% |
(0.7) p.p. |
| Recurrent Net Income |
886.2 |
(16.1) |
2,289.7 |
(19.1) |
| Number of accesses (thousand) |
103,298 |
0.1 |
103,298 |
0.1 |
| Mobile accesses |
79,414 |
(0.5) |
79,414 |
(0.5) |
| Fixed accesses |
23,884 |
2.4 |
23,884 |
2.4 |
_________________________________________________
1- Financial and operational figures include GVT since Jan, 2014 for a better understanding of the business evolution.
Total accesses reached 103.3 million in the quarter of which 79.4 million in the mobile business and 23.9 million in the fixed-line business leveraged by the consistent increase in GVT's accesses.
Leadership in the postpaid segment, +12.0% y-o-y in 3Q15, while the share of net additions was 52.5% between July and August 2015. Mobile ARPU recorded y-o-y growth of 3.3% in 3Q15, fueled by the record 33.5% y-o-y growth in Data ARPU.
Broadband accesses reached 7.2 million in 3Q15 while FTTX connections reached 52.8% of the base, with annual growth of 19.3%.
TV accesses reached 1.8 million accesses, +18.6% up y-o-y. Vivo was the operator with the highest growth in terms of number of accesses according to the data disclosed by ANATEL until August 2015.
Net operating revenue continued showing a good performance, with y-o-y growth of 5.2% in 3Q15.
Net mobile revenue posted annual increase of 6.2% in 3Q15 and 9.0% when excluding the effect of MTR reduction in 2015.
Mobile data and VAS revenue accounted for around 50% of mobile service revenue, up by 34.9% y-o-y in 3Q15, fueled by the record evolution in mobile internet revenue, up by 54.1% y-o-y in the quarter.
Net fixed revenue posted expansion of the annual growth to +3.9% in 3Q15. When excluding the effect of VC reduction, this increase came to 6.0% in 3Q15 over 3Q14.
Recurrent operating costs posted controlled growth of 5.6% y-o-y despite the pressure from inflation.
Recurrent EBITDA totaled R$3.2 billion in 3Q15, 4.3% up on 3Q14. The Recurrent EBITDA Margin stood at 30.2%.
Year-to-date investments amounted to R$5.9 billion, 5.4% up on 9M14, 19.0% of net revenue for the period.
Dividends and IOC declared based on year-to-date net income for 2015 totaled R$1.5 billion.
Execution of the synergies advancing according to plan with early results in line with best case scenario and the organization totally integrated, operating as one only company.
TELEFONICA BRASIL – Investor Relations
Amos Genish
Alberto Horcajo Aguirre
Luis Carlos Plaster
Maria Tereza Pelicano David
+55 11 3430-3687 / [email protected]
To download the complete version of the Company's earnings release, please visit our website: http://www.telefonica.com.br/ir
Telefonica Brasil S.A.
Av. Eng. Luis Carlos Berrini, 1376 – 28º andar
Sao Paulo - 04571-936
Telefone: +55 11 7420-1172
E-mail: [email protected]
SOURCE Telefonica Brasil S.A.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article