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3Q15 Results: Telefonica Brasil S.A.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.
_________________________________________________ 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 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. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/3q15-results-telefonica-brasil-sa-300172733.html SOURCE Telefonica Brasil S.A. |