SAO PAULO, July 27, 2011 /PRNewswire/ -- Telesp - (Bovespa:
TLPP3 [ON = Common Shares] / TLPP4 [PN = Preferred Shares]; NYSE:
VIV), announces its consolidated results for the second quarter
2011 (2Q11). With an excellent balance between growth and
profitability in its fixed and mobile operations in Brazil, and an ongoing focus on quality,
Telefonica records net income of R$ 1.1
billion in the second quarter.
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R$ million
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2Q11
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1Q11
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2Q10
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Net Revenue
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8,231.3
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7,975.8
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7,712.8
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Total Operating Costs
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(5,168.6)
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(5,135.9)
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(4,906.1)
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EBITDA
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3,062.7
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2,839.9
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2,806.7
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EBITDA Margin (%)
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37.2%
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35.6%
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36.4%
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Net Result
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1,149.4
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1,128.5
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884.4
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Number of accesses
(thousand)
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79,331
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77,124
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70,679
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Mobile accesses
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64,049
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62,061
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55,977
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Fixed accesses
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15,282
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15,062
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14,702
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Total accesses reached 79.3 million (+12.2% yoy), 64.0
million of which in the mobile segment (+14.4% yoy) and 15.3
million in the fixed-line segment (+3.9% yoy);
Net additions in the mobile post-paid segment came to
46.3%;
Net additions in fixed broadband totaled 93 thousand, 53%
up in the quarter;
Total Mobile ARPU increased in the annual
comparison, reversing the historical decline - Outgoing ARPU
moved up for the third consecutive quarter, also in the annual
comparison;
Net revenues totaled R$8,231.3
million in the quarter, 6.7% up yoy.
Accelerated net service revenue growth in both mobile
(+15.1% yoy) and fixed-line (+8.1% yoy), excluding intercompanies
eliminations;
Mobile Data and VAS revenues accounted for 23.5% of
mobile service revenues.
EBITDA increased by 9.1% over 2Q10, while the EBITDA
Margin reached 37.2%. The adjusted EBITDA Margin recorded yoy
growth of 1.9 percentage points;
Net income stood at R$1,149.4
million in the 2Q11, 30.0% up yoy.
TELESP – Investor Relations
Gilmar Roberto Camurra
Cristiane Barretto Sales
Carlos Raimar Schoeninger
Luis Carlos Plaster
Maria Tereza Ali Pelicano David
Chucri Zaidam, 860 – Morumbi – SP – 04583-110
Phone: +55 11 7420-1172
Email: ri.telefonicabr@telefonica.com.br and ir@vivo.com.br
To download the complete version of the Company's earnings
release, please visit our website:
http://www.telefonica.com.br/investidores
SOURCE Telecomunicacoes de Sao Paulo S.A.