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VIV — Telefonica Brasil, SA News Story

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Telefonica Brasil reports 10% increase in fourth-quarter net profit

Corrects percentage in paragraph 1 to 10.1% from 10.3%

SAO PAULO, Feb 25 (Reuters) - Brazil's Telefonica VIVT3.SA reported on Tuesday a 10.1% increase in net profit for the fourth quarter compared to the same period last year.

Telefonica Brasil posted a net profit of 1.76 billion reais  ($306.64 million), in line with the 1.7 billion expected by analysts polled by LSEG.

($1 = 5.7396 reais)

 (Reporting by Isabel Teles; Editing by Kylie Madry)

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

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