3Q12 Results: Telefonica Brasil S.A.
SAO PAULO, Nov. 6, 2012 /PRNewswire/ — Telefonica Brasil – (Bovespa: VIVT3 [ON = Common Shares] / VIVT4 [PN = Preferred Shares]; NYSE: VIV), announces its consolidated results for the third quarter 2012 (3Q12). With consistent focus on service quality and profitability, the Company recorded an EBITDA Margin of 34.4% in the quarter.
R$ million 3Q12 2Q12 3Q11 Net Revenue 8,463.3 8,243.5 8,293.1 Total Operating Costs (5,552.1) (5,150.6) (5,468.5) EBITDA 2,911.2 3,092.9 2,824.5 EBITDA Margin (%) 34.4% 37.5% 34.1% Net Result 935.8 1,085.5 1,332.3 Number of accesses (thousand) 91,892 90,858 82,372 Mobile accesses 76,806 75,720 67,038 Fixed accesses 15,087 15,138 15,333
Total accesses reached 91.9 million in 3Q12 (+11.6% y-o-y), 76.8 million of which in the mobile business (+14.6% y-o-y) and 15.1 million in the fixed-line business (-1.6% y-o-y);
In the mobile market, the market share totaled 29.7% in September 2012 (+0.2 p.p. y-o-y);
Undisputable leadership in the higher revenue segments, recording 36.9% market share in the postpaid market. In the segment of datacards Vivo recorded 48.1% of the market share;
Fixed broadband accesses moved up by 5.7% y-o-y to 3.8 million accesses;
Superior quality of the fixed services remaining among the best two companies in the industry in the IDA (Attendance Index measured by Anatel) and leadership in customer satisfaction;
Mobile Services Revenue maintained its high annual growth, recording a positive variation of 8.1% in 3Q12 (11% excluding the MTR effect), driven by the Data and VAS revenue;
Fixed Service Revenues dropped by 7.3% annually, a strong deceleration in comparison to the last quarter, which registered a decrease of 11.7%.
Operating costs increased less than the revenue growth, evidencing an efficient cost control;
The EBITDA reached R$2,911.2 million in the quarter (+3,1% y-o-y);
EBITDA Margin of 34.4% in the quarter (+0.3 p.p. y-o-y);
Cash flow after investment activities reached R$3,737.5 million. We grew 27% over the same period in the year to date of 2012.
Declaration of Interim Dividends in the amount of R$ 1,122.52 million.
TELEFONICA BRASIL – Investor Relations
Gilmar Roberto Camurra
Cristiane Barretto Sales
Carlos Raimar Schoeninger
Luis Carlos Plaster
Maria Tereza Ali Pelicano David
Chucri Zaidam, 860 – Morumbi – SP – 04583-110
Phone: +55 11 97420-1172
To download the complete version of the Company’s earnings release, please visit our website: http://www.telefonica.com.br/investidores
SOURCE Telefonica Brasil S.A.