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Telefonica Brasil SA ADR

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Company Profile

Business Description

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.

Contact
Avenida Engenheiro Luis Carlos Berrini, 1376, 32 andar
Sao Paulo, SP, 04571-936, Brazil
T +55 1134303687
Sector Communication Services
Industry Telecom Services
Most Recent Earnings Mar 31, 2020
Fiscal Year End Dec 31, 2020
Stock Type
Employees 32,793