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VIV — Telefonica Brasil, SA News Story

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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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