SAO PAULO, Nov. 11, 2014 /PRNewswire/ -- Telefonica
Brasil - (Bovespa: VIVT3 [ON = Common Shares] / VIVT4 [PN =
Preferred Shares]; NYSE: VIV), announces its consolidated results
for the third quarter of 2014. Telefonica Brasil consolidates its
leadership within higher value customers and presents a solid
revenue evolution and cost discipline in the 3Q14.
|
R$
million
|
3Q14
|
%
YoY
|
9M14
|
%
YoY
|
|
Net
Revenue
|
8,723.9
|
1.2
|
25,952.4
|
1.1
|
|
Operating
Costs
|
(6,176.4)
|
(1.0)
|
(18,296.6)
|
1.9
|
|
EBITDA
|
2,547.5
|
7.0
|
7,655.8
|
(0.6)
|
|
EBITDA Margin
(%)
|
29.2%
|
1.6
|
29.5%
|
(0.5)
|
|
Recurrent EBITDA
Margin (%)
|
29.2%
|
1.6
|
29.5%
|
(0.6)
|
|
Net Result
|
1,022.3
|
34.5
|
3,675.7
|
47.9
|
|
Number of accesses
(thousand)
|
95,437
|
4.1
|
95,437
|
4.1
|
|
Mobile
accesses
|
79,823
|
4.2
|
79,823
|
4.2
|
|
Fixed
accesses
|
15,614
|
3.5
|
15,614
|
3.5
|
Total accesses reached 95.4 million in the quarter.
Leadership in higher revenue mobile segments, with continuous
growth in postpaid accesses (+22.8% y-o-y), with net additions
reaching 1,014 thousand in the quarter.
Postpaid clients accounted for 34.1% of the mobile access
base in 3Q14, influenced by the large share of postpaid net
additions (61% Jan to Aug/14).
Data ARPU grew by 16.2% y-o-y, contributing to a stable
annual performance of Mobile ARPU, despite the MTR
reduction.
Broadband accesses totaled 3,947 thousand in 3Q14, mainly
supported by the growth in FTTH solution, which already totals 322
thousand accesses. TV accesses recorded accelerated growth,
with annual upturn of 26.1%. In 3Q14, TV net additions came to 40
thousand accesses.
Mobile service revenue recorded variation of +3.5% y-o-y.
Excluding the effect of the MTR reduction, the variation would be
of +6.8% in 3Q14 over 3Q13. Fixed service revenue posted
y-o-y variation of -3.2% (-5.4% y-o-y in 2Q14). Excluding the
reduction of the VC and basic tariff, this figure posted growth of
0.4% in 3Q14 over 3Q13.
Operating costs posted a reduction of 1.0% over 3Q13 and
controlled growth of 1.7% q-o-q.
3Q14 EBITDA totaled R$2.5
billion, recording growth for the second consecutive
quarter, up 7.0% y-o-y in 3Q14. The third-quarter EBITDA
margin was 29.2%, +1.6 p.p. over 3Q13.
Net income came to R$1.0
billion (+34.5% y-o-y), and R$3.7
billion in 9M14 (+47.9% y-o-y).
TELEFONICA BRASIL – Investor Relations
Paulo Cesar Teixeira
Alberto Horcajo Aguirre
Luis Carlos Plaster
Maria Tereza Pelicano David
Av. Luis Carlos Berrini, 1376 –
28th floor – 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
Contact:
Telefonica Brasil S.A.
Av. Eng.
Luis Carlos Berrini, 1376 – 28º
andar
São Paulo - 04571-936
Telefone: +55 11 7420-1172
E-mail: ri.telefonicabr@telefonica.com.br
SOURCE Telefonica Brasil S.A.