Telefonica Brasil SA ( (VIV) ) has released its Q4 earnings. Here is a breakdown of the information Telefonica Brasil SA presented to its investors.
Telefonica Brasil SA, operating under the Vivo brand, is a leading telecommunications company in Brazil, providing a wide range of mobile and fixed-line services, including digital solutions and financial services.
In its latest earnings report for the fourth quarter of 2024, Telefonica Brasil SA announced a significant increase in its customer base, reaching 116.1 million accesses, and reported strong financial performance with a 7.7% year-over-year increase in net revenue. The company also highlighted its expansion in 5G coverage and fiber optic network, achieving its target for the year.
Key financial metrics revealed a robust growth in postpaid revenue by 9.1% year-over-year, with a notable increase in fiber-to-the-home (FTTH) revenue by 12.4%. The company’s EBITDA rose by 7.8% with a stable margin, and net income saw a 10.1% increase compared to the previous year. Additionally, Telefonica Brasil maintained its commitment to shareholder remuneration, distributing R$5,845 million in 2024, reflecting a payout ratio of 105.3% of net income.
The company continues to focus on expanding its digital services ecosystem, with significant growth in its B2B and B2C digital solutions. It also emphasizes its ESG commitments, achieving substantial progress in environmental and social initiatives, and gaining recognition in global sustainability indices.
Looking ahead, Telefonica Brasil remains committed to enhancing its network infrastructure and digital services, with plans to continue its investment in 5G and fiber expansion. The company aims to maintain its strong financial performance and shareholder returns, while further integrating sustainability into its business strategy.