Press release from PR Newswire
3Q12 Results: Telefonica Brasil S.A.
Tuesday, November 06, 2012
3Q12 Results: Telefonica Brasil S.A.04:40 EST Tuesday, November 06, 2012SAO PAULO, Nov. 6, 2012 /PRNewswire/ -- Telefonica Brasil - (Bovespa: VIVT3 [ON = Common Shares] / VIVT4 [PN = Preferred Shares]; NYSE: VIV), announces its consolidated results for the third quarter 2012 (3Q12). With consistent focus on service quality and profitability, the Company recorded an EBITDA Margin of 34.4% in the quarter. R$ million3Q122Q123Q11Net Revenue8,463.38,243.58,293.1Total Operating Costs(5,552.1)(5,150.6)(5,468.5)EBITDA2,911.23,092.92,824.5EBITDA Margin (%)34.4%37.5%34.1%Net Result935.81,085.51,332.3Number of accesses (thousand)91,89290,85882,372Mobile accesses76,80675,72067,038Fixed accesses15,08715,13815,333Total accesses reached 91.9 million in 3Q12 (+11.6% y-o-y), 76.8 million of which in the mobile business (+14.6% y-o-y) and 15.1 million in the fixed-line business (-1.6% y-o-y); In the mobile market, the market share totaled 29.7% in September 2012 (+0.2 p.p. y-o-y);Undisputable leadership in the higher revenue segments, recording 36.9% market share in the postpaid market. In the segment of datacards Vivo recorded 48.1% of the market share; Fixed broadband accesses moved up by 5.7% y-o-y to 3.8 million accesses;Superior quality of the fixed services remaining among the best two companies in the industry in the IDA (Attendance Index measured by Anatel) and leadership in customer satisfaction;Mobile Services Revenue maintained its high annual growth, recording a positive variation of 8.1% in 3Q12 (11% excluding the MTR effect), driven by the Data and VAS revenue; Fixed Service Revenues dropped by 7.3% annually, a strong deceleration in comparison to the last quarter, which registered a decrease of 11.7%. Operating costs increased less than the revenue growth, evidencing an efficient cost control;The EBITDA reached R$2,911.2 million in the quarter (+3,1% y-o-y);EBITDA Margin of 34.4% in the quarter (+0.3 p.p. y-o-y);Cash flow after investment activities reached R$3,737.5 million. We grew 27% over the same period in the year to date of 2012.Declaration of Interim Dividends in the amount of R$ 1,122.52 million.TELEFONICA BRASIL ? Investor RelationsGilmar Roberto CamurraCristiane Barretto SalesCarlos Raimar SchoeningerLuis Carlos PlasterMaria Tereza Ali Pelicano DavidChucri Zaidam, 860 ? Morumbi ? SP ? 04583-110Phone: +55 11 97420-1172Email: firstname.lastname@example.org To download the complete version of the Company's earnings release, please visit our website: http://www.telefonica.com.br/investidores SOURCE Telefonica Brasil S.A.