Telefonica Brasil's second-quarter net profit up 10% (updated)

Telefonica Brasil, SA

28/07/2025 23:15

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SAO PAULO, July 28 (Reuters) - Telecommunications operator Telefonica Brasil VIVT3.SA reported on Monday a 10% increase in its net profit for the second quarter from the same quarter last year.

The company posted a net profit of 1.34 billion reais  ($239.8 million), compared with the 1.37 billion reais expected by analysts, according to an LSEG IBES poll.

WHY IT'S IMPORTANT

Telefonica Brasil, which is controlled by Spain's Telefonica TEF.MC, is the largest mobile service provider in Brazil by total mobile phone lines, according to data from local telecom regulator Anatel.

BY THE NUMBERS

Earnings before interest, taxes, depreciation and amortization (EBITDA) reached 5.93 billion reais, up 8.8% year-over-year, and mostly in line with the 5.92 billion reais forecast by analysts.

Net operational revenue rose 7.1% in the quarter to 14.6 billion reais, matching the 14.6 billion reais expected by analysts. Revenues from its core mobile segment rose around 7%.

($1 = 5.5890 reais)

 (Reporting by Andre Romani; Editing by Kylie Madry)

 ((Isabel.Teles@thomsonreuters.com;))