growth for the firm, though at lower rates than in the past. Beyond revenue growth, we think the integration of Vivo VIV and Telesp TSP , Telefonica’s wireless and fixed-line businesses in Brazil, will provide opportunities for margin improvement. For
TEF soon-to-be-merged Brazilian assets, Vivo VIV and Telesp TSP , had offsetting first-quarter releases, which could be ..... margins, it's had the opposite effect on fixed-line unit Telesp . There, revenue was up only 2.4%, as the growth in data
Telesp TSP had a lackluster fourth-quarter earnings release on Wednesday, with both ..... twice as much revenue than any other unit) that fell by 6%. Shockingly, Telesp actually increased its lines in service for the first time in years, although
of the third quarter. Lastly, we'll be looking for insights into the timing and structure of the imminent merger with Telesp TSP . Ultimately, we expect the deal to close over the next few months; at which time Vivo should be delisted.
on whether the regulator has issued new cable licenses yet. This could affect Telesp TSP negatively, since Net has a far superior broadband product. To date, Telesp has been able to maintain its 40% share of the market because Net has decided
Ultimately, as America Movil AMX continues to eat up NET's free float, competition continues to increase (from the likes of Telesp TSP ), and margins continue to lag, there don't seem to be any visible near-term catalysts to attract new investors to the
able to gain significant cost savings and selling synergies by merging Vivo with its fixed-line operation in Sao Paulo, Telesp TSP . Given these expected savings and Telefonica's large size, we don't expect a significant change to our Telefonica fair
We are placing Telecomunicacoes de Sao Paulo TSP under review as we transfer coverage to a new analyst .
VIV, the largest wireless operator in Brazil, as well as Telesp TSP , the fixed-line operator in Sao Paulo. These businesses ..... growing rapidly, it is from a much smaller base than competitors Telesp , Tele Norte Leste TNE, and Net Servicoes NETC. Tele Norte
news flow and stronger real have translated into higher stock prices; the Bovespa has more than doubled in less than a year. We are raising our fair value estimates for Brasil Telecom BRP, Vivo VIV, TIM Participacoes TSU, and Telesp TSP .