Telefônica Brasil SA (VIV) Stock

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This Industry Outlook article has pointed out Deutsche Telekom, Telefonica, and Telefonica Brasil.

The rapid rollout of 5G technology and the need for flexible infrastructure are expected to benefit the Zacks Diversified Communication Services sector, even with global challenges. Companies like DTEGY, TEF, and VIV are in a strong position to take advantage of the improvements in infrastructure for better connectivity.

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SAO PAULO, Nov. 5, 2024 /PRNewswire/ -- Telefônica Brasil - (B3: VIVT3; NYSE: VIV) has released its results for the third quarter of 2024. The company showed strong performance, leading to increases in revenue, EBITDA, and net income, while also lowering its capital expenditure intensity.

Telefônica Brasil S.A. (NYSE:VIV) will hold its Q2 2024 Earnings Conference Call on July 30, 2024, at 9:00 AM ET. The call will feature company representatives including João Pedro Soares Carneiro, the Investor Relations Director, and Christian Gebara, the CEO. Various participants from financial institutions like Bradesco, UBS, and JPMorgan will also be joining the call.

The economy in Brazil has strengthened, making Telefonica Brasil a more attractive investment. Brazil has effectively controlled inflation, which is a good sign for the economy and market. The Central Bank can lower interest rates further if inflation stays low.

Telefônica Brasil S.A. (VIV) Q4 2023 Earnings Call Transcript

Brazilian telecommunications operator Telefonica Brasil posted on Tuesday a 42.1% increase in its fourth quarter net profit from a year earlier.