SAO PAULO, May 7, 2013 /PRNewswire/ -- Telefonica Brasil - (Bovespa: VIVT3 [ON = Common Shares] / VIVT4 [PN = Preferred Shares]; NYSE: VIV), announces its consolidated results for the first quarter of 2013 (1Q13). The Company records annual growth in the recurrent EBITDA for the 3rd quarter in a roll, with increase of 2.0% and recurrent EBITDA Margin of 33.2%.

R$ million

1Q13

4Q12

1Q12

Net Revenue

8,555.5

8,907.4

8,311.3

Total Operating Costs

(5,807.9)

(5,054.0)

(5,465.4)

EBITDA

2,747.6

3,853.4

2,845.9

EBITDA Margin (%)

32.1%

43.3%

34.2%

Recurrent EBITDA

2,837.4

3,177.7

2,781.1

Recurrent EBITDA Margin %

33.2%

35.7%

33.5%

Net Result

810.2

1,474.3

956.5





Number of accesses (thousand)

90,859

91,115

90,036

Mobile accesses

75,988

76,137

74,784

Fixed accesses

14,872

14,978

15,252

Total accesses reached 90.9 million in 1Q13 (+0.9% y-o-y), 76.0 million of which was in the mobile business and 14.9 million was in the fixed-line business;

Postpaid accesses grew 17.4% y-o-y. 42% of the new additions of postpaid clients in 1Q13 selected Vivo;

Increasing leadership was demonstrated in the higher revenue segments, recording 37.1% market share in the postpaid market (+0.6 p.p. y-o-y). In the segment of mobile data cards Vivo recorded 47.4% of market share;

Acesses base with plans and data packages recorded 17.2 million accesses including pre and post-paid, a growth of 64% over 1Q12;

Mobile ARPU grew 3.4% y-o-y, stimulated by the 14.8% growth in Data ARPU in the period;

Fixed voice accesses grew strongly in the corporate segment (+5.2% y-o-y);

Total Net Revenue records growth of 2.9% y-o-y in the quarter;

Net Operating Mobile Revenues recorded annual growth of 10.4% y-o-y. Net Service Mobile Revenues maintained strong annual growth, recording a positive variation of 7.0% compared to 1Q12;

Accelerated growth of mobile internet revenues was seen for the third quarter in a roll, recording evolution of 22.5% y-o-y in 1Q13;

Recurring Operating Costs recorded annual growth of 3.4% in relation to 1Q12, excluding the non-recurrent effects;

Recurrent EBITDA increased by 2.0% y-o-y with EBITDA Margin of 33.2% (-0.3 p.p. y-o-y) in the quarter.

TELEFONICA BRASIL – Investor Relations
Alberto Horcajo Aguirre
Cristiane Barretto Sales
Luis Carlos Plaster
Maria Tereza Pelicano David

Av. Luis Carlos Berrini, 1376 - 28o Andar – Cidade Moncoes – SP – 04571-936
Phone: +55 11 3430-3687 / Email: ir.br@telefonica.com

To download the complete version of the Company's earnings release, please visit our website: http://www.telefonica.com.br/ir

SOURCE Telefonica Brasil S.A.

Copyright 2013 PR Newswire

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