Telefonica Brasil revenues down 1.6% in Q4 on contraction in fixed market

Wednesday 24 February 2021 | 14:00 CET | News
Telefonica Brasil reported a BRL 1.29 billion net profit for the fourth quarter of 2020, up 1.5 percent year-on-year. Net operating revenues fell by 1.6 percent to BRL 11.19 billion, and EBITDA fell 1.8 percent to BRL 4.88 billion, hurt by the impact of the pandemic. EBITDA on a recurring basis rose 0.8 percent, with a margin of 43.6 percent (+1.0%).

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telefonica / Telefonica Brasil
Countries: Brazil
::: add a comment
This article is part of dossier




Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Telefonica Brasil/Vivo and home support provider CDF expand partnership

Published 09 Apr 2021 11:25 CET | Brazil
Telefonica Brasil/Vivo has signed an MoU with support service provider CDF to boost their existing commercial relationship. Vivo ...

Telefonica Brasil to distribute BRL 5.4 billion in interest and dividends

Published 01 Mar 2021 15:10 CET | Brazil
Telefonica Brasil will distribute BRL 5.4 billion in interest on capital and dividends, or BRL 3.25 per share. ...

Telefonica Brasil close to deal on fibre venture with Quebec's Caisse Depot - report

Published 26 Feb 2021 12:25 CET | Brazil
Telefonica is in advanced and exclusive talks with Canadian pension fund Caisse de Depot et Placement du Quebec (CPQD) to set up ...

Telefonica Q4 revenues down 3% in Latin America, grows postpay

Published 25 Feb 2021 09:39 CET | Latin America
Telefonica said its operations in Latin America posted a 2.5 percent organic decline in total revenues to EUR 1.93 billion in the ...

Telefonica Spain tops 25 mln fibre homes, improves revenue trend to -3% in Q4

Published 25 Feb 2021 09:08 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) reported revenues of EUR 3.29 billion in the fourth quarter of 2020, down 2.9 ...

Telefonica meets target for nearly stable FY cash flow, sees lower div in 2021 as capex resumes

Published 25 Feb 2021 09:00 CET | Europe
Telefonica has met its target for only a small drop in operating cash flow in 2020. Despite a sharp fall in revenues due to the ...

Telefonica Brasil confirms talks with financial investor for fibre expansion

Published 24 Feb 2021 13:18 CET | Brazil
Telefonica Brasil has confirmed it is in advanced negotiations with a leading international financial investor to join in its ...

Telefonica Brasil selects Canonical for migrating OCS to private cloud

Published 14 Jan 2021 10:30 CET | Brazil
Telefonica Brasil has selected Canonical's Charmed OpenStack to migrate its online charging system (OCS) to its private cloud, ...

Telefonica Brasil sells CyberCo Brasil to subsidiary

Published 04 Nov 2020 11:26 CET | Brazil
Telefonica Brasil's board of directors have approved the share purchase and sales agreement of its subsidiary Telefonica ...

Telefonica Brasil improves net profit in Q3; sales, EBITDA still lower

Published 28 Oct 2020 15:29 CET | Brazil
Telefonica Brasil, owner of Vivo, closed the third quarter of 2020 with a net profit of BRL 1.21 billion, up 25.5 percent from ...