Telefonica Brasil SA ADR (NYSE:VIV)

North American company
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Market Info - VIV

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Company Info - VIV

  • Market Cap$4.412bn
  • SymbolNYSE:VIV
  • IndustryCommunication Services
  • SectorTelecom Services
  • Currency
  • ISINUS87936R1068

Company Profile

Telefonica Brasil is the largest wireless carrier in Brazil with 75 million customers, equal to about 33% market share. The firm is strongest in the postpaid business, where it has 43 million customers, about 39% share of this market. Telefonica Brasil is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides Internet access to 7 million households on this network. Following its parent Telefonica’s footsteps, Telefonica Brasil is cross-selling fixed-line and wireless services as a converged product. The firm is also selling pay-tv services to its fixed-line customers.Telefonica Brasil SA is one of the largest wireless telephone company operating in Brazil. The firm also offers fixed-line telephone services in Sao Paulo State and owns broadband network in the country.

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