UPDATE 1-Telefonica Brasil sees positive trend for revenue as prices rise [Reuters]
Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) (VIV)
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telefonica.com.br/ir
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Source: Reuters
UPDATE 1-Telefonica Brasil sees positive trend for revenue as prices rise (Adds details, analyst comments and share performance) By Gabriela Mello SAO PAULO, May 9 (Reuters) - Brazilian wireless carrier Telefonica Brasil expects rising prices to keep revenue on a positive track this year even as competition in Latin America’s largest market grows, Chief Executive Christian Gebara said on Thursday. In April, the carrier operating under the brand Vivo started lifting prices in the pre-paid segment after years of stagnation, he said, adding the company had previously adjusted prices in post-paid and control plans last year. “We see a positive trend in revenues despite competitive and macroeconomic factors that can affect results,” Gebara told journalists in a call after the company reported first-quarter earnings that beat market expectations. “Brazil needs more investments and network coverage, which demands a rational approach towards prices, and Vivo is making this move,” he added. Ge
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- VIV vs. TU: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
- 4Q23 and 2023 Results: Telefônica Brasil S.A.PR Newswire
VIV
Sec Filings
- 4/16/24 - Form 6-K
- 4/16/24 - Form 6-K
- 4/16/24 - Form 6-K
- VIV's page on the SEC website