Telefonica Brasil Reports Steady Rise in Revenues and Profits

Telefonica Brasil has reported that its third-quarter revenues rose to R$8.26 billion from R$7.91 billion a year ago, and that its net profit rose to R$1.33 billion from R$1.25 billion a year ago.

The total customer base was up by 13.4 percent to 82.4 million at the end of September, 67 million of which in the mobile segment (+16.2% y-o-y) and 15.3 million in the land-line segment (+2.9% y-o-y);

The mobile broadband customer base grew by 44.8% y-o-y, with a 49.2% market share of net additions. Mobile Data and VAS revenues has accelerated its annual growth, reaching 43.2% in 3Q11.

See the Telefonica Brasil record in Latin Target.

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