SAO PAULO, May 13, 2015 /PRNewswire/ -- Telefonica
Brasil - (Bovespa: VIVT3 [ON = Common Shares] / VIVT4 [PN =
Preferred Shares]; NYSE: VIV), announces its consolidated results
for the first quarter of 2015. Telefonica Brasil achieved a record
net operating revenue growth in 1Q15, driven by the acceleration of
mobile data revenue.
|
R$
million
|
1Q15
|
1Q14
|
%YoY
|
|
Net operating
revenue
|
8,983.1
|
8,611.9
|
4.3
|
|
Net operating service
revenue
|
8,644.5
|
8,299.2
|
4.2
|
|
Mobile service
revenue
|
5,904.3
|
5,446.1
|
8.4
|
|
Fixed service
revenue
|
2,740.2
|
2,853.2
|
(4.0)
|
|
Net handset
revenue
|
338.6
|
312.7
|
8.3
|
|
Operating
Costs
|
(6,414.3)
|
(6,049.1)
|
6.0
|
|
EBITDA
|
2,568.8
|
2,562.8
|
0.2
|
|
EBITDA Margin
(%)
|
28.6%
|
29.8%
|
(1.2)
|
|
Net income
|
579.7
|
660.8
|
(12.3)
|
|
Total accesses
(thousand)
|
97,180
|
93,856
|
3.5
|
|
Mobile
|
81,869
|
78,465
|
4.3
|
|
Fixed
|
15,311
|
15,391
|
(0.5)
|
Total accesses reached 97.2 million in 1Q15 of which 81.9
million in the mobile business and 15.3 million in the fixed
business.
Continuous growth in postpaid accesses, +16.0% y-o-y in
1Q15. Mobile ARPU recorded y-o-y growth of 4.3% in 1Q15,
fueled by the 26.3% y-o-y growth in Data ARPU.
Broadband accesses totaled 3,911 thousand in 1Q15 (-0.2%
y-o-y), while the FTTH solution had 429 thousand accesses (+82%
y-o-y).
Growth in TV accesses with y-o-y upturn of 22.7%. The
IPTV base reached 111 thousand accesses in 1Q15.
Net operating revenue increased by 4.3% y-o-y in 1Q15,
the best performance in around three years.
Mobile service revenue recorded a growth of 8.4% y-o-y.
Excluding the effect of MTR reduction in 2015, the variation is
+11.6% in 1Q15 over 1Q14.
Data and VAS revenue grew 31.3% y-o-y and already
accounts for 42% of mobile service revenue in 1Q15.
Fixed service revenue posted y-o-y variation of -4.0%.
Excluding the VC and the basic tariff reduction effect, this figure
would be of -0.4% in 1Q15 over 1Q14.
Fixed broadband revenue posted annual growth of 3.4% and
Pay TV revenue grew by 22.0% y-o-y in 1Q15.
Recurring EBITDA totaled R$2.6
billion in 1Q15, virtually stable y-o-y, affected by a
higher level of provisions for uncollectibles in a more challenging
economic environment. The EBITDA margin stood at 28.6% in 1Q15.
Dividends and IOC declared based on the net profit until
April/15 totaled R$785.0 million.
TELEFONICA BRASIL – Investor Relations
Alberto Horcajo Aguirre
Luis Carlos Plaster
Maria Tereza Pelicano David
Av. Luis Carlos Berrini, 1376 – 28th
floor – Cidade Moncoes – SP – 04571-936
Phone: +55 11 3430-3687 / Email: ir.br@telefonica.com
To download the complete version of the Company's earnings
release, please visit our website:
http://www.telefonica.com.br/ir
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/1q15-results-telefonica-brasil-sa-300082541.html
SOURCE Telefônica Brasil S.A.