SAO PAULO, Feb. 26, 2014 /PRNewswire/ -- Telefonica Brasil -
(Bovespa: VIVT3 [ON = Common Shares] / VIVT4 [PN = Preferred
Shares]; NYSE: VIV), announces its consolidated results for the
fourth quarter and for the year of 2013. With strategy focused on
value generation and solid operating evolution, Telefonica Brasil
recorded in 2013 Recurrent EBITDA of R$10.5
billion with 30.4% Margin.
|
R$
million
|
4Q13
|
3Q13
|
2013
|
2012
|
|
Net
Revenue
|
9,056.7
|
8,618.2
|
34,721.9
|
33,919.7
|
|
Total Operating
Costs
|
-6,185.5
|
-6,236.9
|
-24,146.3
|
-21,217.0
|
|
EBITDA
|
2,871.2
|
2,381.3
|
10,575.6
|
12,702.7
|
|
EBITDA Margin
(%)
|
31.7%
|
27.6%
|
30.5%
|
37.4%
|
|
Recurrent
EBITDA
|
2,778.3
|
2,381.3
|
10,492.9
|
11,560.2
|
|
Recurrent EBITDA
Margin %
|
31.2%
|
27.6%
|
30.4%
|
34.1%
|
|
Net Result
|
1,231.3
|
760.2
|
3,715.9
|
4,452.2
|
|
Number of accesses
(thousand)
|
92,557
|
91,712
|
92,557
|
91,116
|
|
Mobile
accesses
|
77,245
|
76,614
|
77,245
|
76,137
|
|
Fixed
accesses
|
15,312
|
15,098
|
15,312
|
14,978
|
Total accesses reached 92.6 million in the quarter (+0.9%
q-o-q). Fixed voice accesses recorded quarterly growth of
123 thousand accesses in 4Q13, while fixed broadband net
gain recorded 39 thousand accesses in 4Q13, growing specially in
FTTH. TV accesses increased +8.9% q-o-q, driven by the
additions in DTH and IPTV.
Acceleration in the postpaid accesses and new record of
net additions, 1,555 thousand in the quarter. Mobile ARPU
recorded annual growth of 4.5% in 2013, stimulated by the growth in
Data ARPU in the same period.
Total Net Revenue increased +5.1% q-o-q and +2.4% y-o-y
in 2013.
Mobile Services Revenue recorded variation of +5.3% y-o-y
in the quarter and of +6.1% in the year. Excluding the effect of
the MTR reduction, the variation in the quarter would be of +7.1%
y-o-y in relation to 4Q12.
Data and VAS Revenue evolution was leveraged by the
growth of the mobile internet revenue, which increased by 35.1%
y-o-y in 4Q13.
Recurrent EBITDA in 4Q13 recorded R$ 2.8 billion with EBITDA Margin of 31.2%
(+3.6 p.p. q-o-q). In 2013 the Recurrent EBITDA Margin was 30.4%
(-3.7 p.p. y-o-y).
Investments of R$ 6.0
billion in 2013 with focus on quality assurance, 4G coverage
and fiber.
IOC and Dividends, declared over 2013 income
recorded R$ 3.5 billion, a payout of
95% in the period.
TELEFONICA BRASIL – Investor
Relations
Paulo Cesar
Teixeira
Alberto Horcajo Aguirre
Luis Carlos Plaster
Maria Tereza Pelicano David
Av. Luis Carlos
Berrini, 1376 - 28º Andar – Cidade Moncoes – SP –
04571-936
Phone: +55 11 3430-3687 / Email: ir.br@telefonica.com
To download the complete version of the Company's
earnings release, please visit our website:
http://www.telefonica.com.br/ir
SOURCE Telefonica Brasil S.A.