Strong Mobile and Fiber Growth
Vivo reached 66.5 million postpaid access in 2024 with a growth of 7.6%. The number of homes connected to fiber grew 12.7%, totaling 7 million access, contributing to the largest customer base in company history with over 116 million access.
Revenue and EBITDA Growth
Total revenues increased by 7.7% in Q4, with mobile revenues growing 7% and fixed revenues up 8%. EBITDA increased by 7.8% year-over-year.
Shareholder Remuneration and Cash Flow
Vivo paid over BRL5.8 billion to shareholders, a 22% increase year-over-year, representing 105% of net income. Operating cash flow grew 11% year-over-year to BRL13.7 billion, representing 24.6% of total revenues.
ESG Accomplishments
Vivo joined the Dow Jones Best-in-Class World Index, being the only Brazilian telco on the list. The Vivo Recicle program achieved a new record of 37 tonnes collected, three times last year's amount.