Telefônica Brasil S.A.
Sao Paolo
39.80-0.11 (-0.28%)
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Prev Close39.91
Bid39.11 x
Ask40.40 x
52wk Range28.41 - 40.41
Day's Range39.42 - 40.36
Avg Vol (3m)10,872
As of 4:07 PM EDT. Market closed.
  • Reuters3 days ago

    Telefónica Brasil expects profit growth in recovering economy

    Brazil's biggest phone carrier, Telefónica Brasil SA, expects operational profitability to grow over the next three years thanks to cost savings following the purchase of GVT SA and a recovering economy, Chief Executive Officer Amos Genish said on Wednesday. Adjusted earnings before interest, tax, depreciation and amortization could hit 36 percent of revenue in 2018, when 70 percent of cost savings from the GVT takeover will be captured, Genish said in a call to discuss second-quarter results. Genish, who took the helm of Telefónica Brasil last year, said the company is better positioned than rivals to take advantage of a gradual reduction in unemployment and inflation.

  • Reuters3 days ago

    EMERGING MARKETS-Latam currencies weaken ahead of Fed policy decision

    Latin American currencies weakened on Wednesday as traders adopted a cautious stance ahead of a U.S. Federal Reserve policy decision later in the day. Investors widely expected the U.S. central bank to ...