SAO PAULO -(MarketWatch)
Telefonica Brasil SA Thursday
reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian
reais ($488 million) from a year earlier due to higher costs generated by
depreciation and amortizations
The results included that of fixed telephone company and mobile phone
operator Vivo SA
In mid-2011, Spain's Telefonica SA (TEF), which controls the
companies, merged its fixed-line and mobile operations by integrating them into
a single company
Telefonica Brasil's costs generated by depreciation and amortizations totaled
BRL1.3 billion in the first-quarter, up from BRL1.08 billion in the year-ago
period
Revenue rose to BRL8.3 billion during the quarter from BRL8 billion
Earnings before interest, taxes, depreciation and amortization, or Ebitda,
increased slightly to BRL2.85 billion from BRL2.84 billion
The company's Ebitda
margin decreased to 34.2% from 35.4%
The company ended the year with a total of 90 million customers, compared
with 77 million clients in the first-quarter of 2011
Of the total clients, the
mobile segment saw a 20.5% increase to 74.8 million in the mobile segment, while
the fixed-line segment gained just 1.3% to 15.25 million clients
Telefonica Brasil is the local largest mobile phone company in terms of
market share at 29.8% in the first-quarter
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
viernes, 11 de mayo de 2012
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