1Q21 Results: Telefônica Brasil S A streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Mobile market share reached 33.1% in March 2021, maintaining undisputed leadership in the mobile business.
Postpaid accesses grew 5.2% y-o-y and accounted for 57.7% of total mobile accesses, with a market share of 37.0% in March 2021.
Fiber-to-the-home broadband customers totaled 3,746 thousand (+41.2% y-o-y), posting accelerated additions of high-quality customers in 1Q21.
FTTH Revenues increased 61.2% versus 1Q20, reaching the record of R$1,010 million.
Net revenues resume growth (+0.2% y-o-y), underlining the successful transformation of revenue profile.
Core businesses represented 88% of total revenues with increasing relevance. Core fixed
mobile revenues are showing solid recovery (+1.1% y-o-y).
Total Costs remained flat in 1Q21, despite the accelerated inflation, as Company s efficient cost management compensated higher cost of goods and services sold.
Mobile market share reached 33.6% in December 2020 and remains at historic highs.
Postpaid accesses grew 3.9% y-o-y and accounted for 57% of total mobile accesses, with a market share of 37.7% in December 2020 and the lowest churn in 5 years.
Fiber-to-the-home broadband customers totaled 3,378 thousand (+36% y-o-y), posting accelerated additions of high-quality customers in 4Q20.
FTTH ARPU increased 13% versus 4Q19, reaching R$91.9.
Core businesses represented 88% of total revenues with increasing relevance. FTTH
revenues continue to grow significantly (+52.9% y-o-y) while
mobile service revenues are showing solid recovery growing 2.1% y-o-y.
Operating Costs decreased
Recurring
EBITDA totaled R$4,877 million (+0.8% y-o-y) in 4Q20, with a recurring EBITDA margin of 43.6%.
Investments of R$7,789 million in 2020, focused on the expansion of the FTTH network and the capacity of the 4G and 4.5G networks.
4Q20 Results: Telefônica Brasil S A prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.