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Brazil's Telefonica posts 9% increase in second-quarter net profit

SAO PAULO, July 29 (Reuters) - Brazil's Telefonica
reported on Monday a 8.9% increase in its second-quarter net
profit to reach 1.22 billion reais ($217 million) for the
period, compared to the same quarter last year.
    Analysts polled by LSEG expected a quarterly profit of 1.33
billion reais.

($1 = 5.6150 reais)

 (Reporting by Andre Romani)
 ((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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