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Telefonica Brasil ( (VIV) ) has shared an update.
Telefônica Brasil S.A. has announced the signing of a Self-Composition Agreement with the National Telecommunications Agency (ANATEL) and other governmental bodies to transition its Switched Fixed Telephone Service to an Authorization regime. This strategic move is expected to enhance operational flexibility and align with regulatory standards, potentially impacting the company’s market positioning and stakeholder relations.
More about Telefonica Brasil
Telefônica Brasil S.A. is a leading telecommunications company operating in Brazil. It provides a wide range of telecom services including fixed and mobile telephony, broadband, and pay-TV, with a strong focus on the Brazilian market.
YTD Price Performance: -23.23%
Average Trading Volume: 781,009
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.41B
Learn more about VIV stock on TipRanks’ Stock Analysis page.
