Telefonica Brasil posts $250 mln profit in Q2 on faster revenue growth
SAO PAULO, July 27 (Reuters) - Telefonica Brasil VIVT4.SA
on Tuesday posted a net income of 1.3 billion reais ($252
million) in the second quarter, 21% higher than a year ago on
the back of faster revenue growth in its core units, the company
said.
Telefonica, a subsidiary of TEF.MC , said its fiber optic
business had grown particularly quickly in the quarter.
($1 = 5.1690 reais)
(Reporting by Marcelo Rochabrun; editing by Richard Pullin)
((marcelo.rochabrun@thomsonreuters.com; +55 11 5644 7768;))
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