SAO PAULO, July 28 /PRNewswire-FirstCall/ -- VIVO
Participacoes S.A. (VIVO) (NYSE: VIV; Bovespa: VIVO3 [ON = Common
Shares] / VIVO4 [PN = Preferred Shares]), announced its
consolidated results for the second quarter 2010 (2Q10). VIVO
speeds-up its growth and expands its leadership in this quarter
with consistent increase in the net service revenue and EBITDA, and
increase in the market share for the fourth quarter in a row.
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R$ million
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2Q10
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1Q10
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2Q09
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Net Revenue
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4,401.6
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4,233.2
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4,006.6
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Total Operating Costs
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(3,058.9)
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(2,959.5)
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(2,792.9)
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EBITDA
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1,342.7
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1,273.7
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1,213.7
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EBITDA Margin (%)
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30.5%
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30.1%
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30.3%
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Net Result
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236.0
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191.9
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181.7
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Number of accesses
(thousands)
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55,977
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53,949
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46,819
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Market share
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30.24%
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30.12%
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29.33%
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Net Additions
(thousands)
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2,028
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2,205
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1,178
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2,028 thousand new accesses in the quarter
(41.3% in the postpaid segment);
Market Share of Net additions recorded
33.7% (61.6% in the postpaid segment);
VIVO's customer base totaled 55,977
thousand accesses, (19.6% annual growth, with
25.5% in the postpaid segment);
Market share of 30.24% (34.67% in
the postpaid segment);
Annual increase of 10.7% in
the Net Service Revenue totaling R$ 4,129.8 million, with highlight for the
increase in the outgoing ARPU;
Annual growth of 71.8%
in data and VAS Revenue which already accounts for 19.4% of
the net service revenue (Internet revenue grew
121.4%);
EBITDA Margin of
30.5% in the quarter
(+0.4 p.p. vs 1Q10; +0.2 p.p. vs 2Q09);
EBITDA increased by 10.6% over 2Q09, recording
R$ 1,342.7 million in the
quarter;
Net profit of R$ 236.0
million in 2Q10, with growth of
29.9% over 2Q09;
Cash flow in the year-to-date 2010 recorded
R$ 1,629.2 million;
Net debt in 2Q10 in the amount of R$ 3,355.3 million (28.5% lower than in
2Q09).
To download the complete version of the Company's earnings
release, please visit our website: www.vivo.com.br/ir
SOURCE VIVO Participacoes S.A.