Telefonica Brasil (NYSE:VIV) Stock

Telefonica Brasil

Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 102 million customers, which is equal to about 39% market share. The firm is strongest in the postpaid business, where it has 67 million customers, or about 41% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo 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. The firm also sells pay-TV and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 9% of total revenue.

Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share)

Telefonica Brasil SA

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Millicom (Tigo) to Acquire Telef&oacute;nica&#39;s Operations in Uruguay for USD 440 Million, Expanding Presence in South America
Key Highlights:
<ul>
<li>Acquisition strengthens Millicom&#39;s presence and scale across South America.</li>
<li>Expected to be EFCF accretive starting in 2026.</li>
<li>Diversifies Millicom&#39;s cash flow sources in a country with a favorable macroeconomic outlook and investment-grade credit rating.</li>
<li>Significant synergies anticipated across network, operations, and commercial integration.</li>
<li>Positive market outlook supported by a stable regulatory environment and strong mobile market fundamentals, providing a solid foundation for sustainable growth.</li>
</ul>
Luxembourg, May 21, 2025 &mdash; Millicom International Cellular S.A. (&quot;Millicom&quot;) today announced it has entered into a definitive agreement to acquire 100% of Telef&oacute;nica M&oacute;viles del Uruguay S.A. for an enterprise value of USD 440 million. This strategic acquisition aligns with Telef&oacute;nica&#39;s regional repositioning and enables Millicom to consolidate its leadership position in South America.
Millicom expects the transaction to be&nbsp;EFCF accretive as early as 2026, driven by operational efficiencies and integration with its existing regional footprint. Upon closing, the company anticipates immediate scale benefits, enhanced synergies, and long-term value creation across its Latin American platform.
The transaction further diversifies Millicom&#39;s cash flow sources, reducing overall risk supported by Uruguay&#39;s stable macroeconomic environment and investment-grade credit rating (BBB+). The deal is expected to temporarily increase Millicom&#39;s leverage by approximately 0.1x.

TIGO

Millicom To Acquire Telefónica's Operations In Uruguay For $440M

WIIM

Telefonica Brasil shares are trading higher following Q1 financial results.

Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) reported quarterly earnings of $0.11 per share. This is a 0.91 percent increase over earnings of $0.11 per share from the same period last year. The company reported $2.46 billion in sales this quarter. This is a 10.22 percent decrease over sales of $2.74 billion the same period last year.

Earnings

News

Telefonica Brasil Q1 EPS $0.11 Up From $0.11 YoY, Sales $2.46B Down From $2.74B YoY

Goldman Sachs analyst Diego Aragao maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Buy and raises the price target from $9.2 to $10.3.

Price Target

Analyst Ratings

Goldman Sachs Maintains Buy on Telefonica Brasil, Raises Price Target to $10.3

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Shares of companies within the broader communication services sector are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

Telefonica Brasil shares are trading higher after Barclays upgraded its rating on the stock from equal weight to overweight.

Barclays analyst Mathieu Robilliard upgrades Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) from Equal-Weight to Overweight and lowers the price target from $11.8 to $11.5.

Upgrades

Barclays Upgrades Telefonica Brasil to Overweight, Lowers Price Target to $11.5

Scotiabank analyst Andres Coello maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Sector Perform and lowers the price target from $10.4 to $9.2.

Scotiabank Maintains Sector Perform on Telefonica Brasil, Lowers Price Target to $9.2

Telefonica Brasil shares are trading lower after the company reported worse-than-expected Q4 financial results.

Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) reported quarterly earnings of $0.19 per share which missed the analyst consensus estimate of $1.02 by 81.37 percent. This is a 5 percent decrease over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $2.50 billion which missed the analyst consensus estimate of $14.54 billion by 82.80 percent. This is a 8.49 percent decrease over sales of $2.73 billion the same period last year.

Earnings Misses

Telefonica Brasil Q4 2024 GAAP EPS $0.19 Misses $1.02 Estimate, Sales $2.50B Miss $14.54B Estimate

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Earnings Scheduled For February 25, 2025

<a href="https://www.bleepingcomputer.com/news/security/telefonica-confirms-internal-ticketing-system-breach-after-data-leak/">https://www.bleepingcomputer.com/news/security/telefonica-confirms-internal-ticketing-system-breach-after-data-leak/</a>
Spanish telecommunications company Telef&oacute;nica confirms its internal ticketing system was breached after stolen data was leaked on a hacking forum.
Telef&oacute;nica is a Spanish multinational telecommunications company operating in twelve countries with over 104,000 employees. The company is the largest telecommunications firm in Spain, operating under the name Movistar.
In an email to BleepingComputer today, Telef&oacute;nica confirmed its ticketing system was breached and are investigating the incident.
&quot;We have become aware of an unauthorized access to an internal ticketing system which we use at Telef&oacute;nica,&quot; Telef&oacute;nica told BleepingComputer
&quot;We are currently investigating the extent of the incident and have taken the necessary steps to block any unauthorized access to the system.&quot;
This confirmation comes after a Telef&oacute;nica Jira database was leaked on a hacking forum, with the breach claimed by four people using&nbsp;the aliases, DNA, Grep, Pryx, and Rey.&nbsp;
One of the attackers, Pryx, told BleepingComputer that the &quot;internal ticketing system&quot; is an internal Jira development and ticketing server, used by the company to report and resolve internal issues.
BleepingComputer was told that the system was breached yesterday using compromised employee credentials, with Telef&oacute;nica blocking their access today after performing password resets on impacted accounts.
Using the compromised employee accounts, the threat actors say they were able to scrape approximately 2.3 GB of documents, tickets, and various data. While some of this data was labeled as customers, BleepingComputer was told the tickets were opened with @telefonica.com email addresses, so may have been tickets opened on behalf of customers.
Pryx says they did not contact the company or attempt to extort them before leaking the data online.
Three people behind this attack, Grep, Pryx, and Rey, are also members of a recently launched ransomware operation known as <a href="https://www.watchguard.com/wgrd-security-hub/ransomware-tracker/hellcat">Hellcat Ransomware.</a>
Hellcat is responsible for a recent <a href="https://www.bleepingcomputer.com/news/security/schneider-electric-confirms-dev-platform-breach-after-hacker-steals-data/">breach of Schneider Electric</a>, where 40GB of data was stolen from the company&#39;s JIRA server.

'Telefónica Confirms Internal Ticketing System Breach After Data Leak' - Bleeping Computer

Goldman Sachs analyst Diego Aragao maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Buy and lowers the price target from $10.6 to $9.2.

Goldman Sachs Maintains Buy on Telefonica Brasil, Lowers Price Target to $9.2

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BSBR

Embraer-Empresa Brasileira De Aeronautica

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Companhia De Saneamento Basico Do Estado De Sao

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Shares of Brazilian companies are trading lower. A new government fiscal spending package and last week's central bank rate hike could be eroding global investor confidence and raising concerns over the nation's deficit.

MELI

Shares of Brazilian stocks are trading lower amid a rise in borrowing costs and a depreciation of the Brazilian Real.

Barclays analyst Mathieu Robilliard maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Equal-Weight and raises the price target from $11.5 to $11.8.

Barclays Maintains Equal-Weight on Telefonica Brasil, Raises Price Target to $11.8

Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) reported quarterly sales of $2.53 billion which beat the analyst consensus estimate of $2.48 billion by 1.90 percent. This is a 5.78 percent decrease over sales of $2.69 billion the same period last year.

Earnings Beats

Telefonica Brasil Q3 Sales $2.53B Beat $2.48B Estimate

Scotiabank analyst Andres Coello maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Sector Perform and raises the price target from $9.2 to $10.4.

Scotiabank Maintains Sector Perform on Telefonica Brasil, Raises Price Target to $10.4

Barclays analyst Mathieu Robilliard maintains Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) with a Equal-Weight and raises the price target from $11 to $11.5.

Barclays Maintains Equal-Weight on Telefonica Brasil, Raises Price Target to $11.5

Telefonica Brasil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIV#NYSE">VIV</a>) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.13 by 7.69 percent. This is a 2.19 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $2.63 billion which beat the analyst consensus estimate of $2.50 billion by 5.00 percent. This is a 2.14 percent increase over sales of $2.57 billion the same period last year.

Reported Monday, Telefonica Brasil Q2 EPS $0.14 Beats $0.13 Estimate, Sales $2.63B Beat $2.50B Estimate

Press Releases

Telefônica Brasil announces its results for 2Q24

3Q24 Results: Telefônica Brasil S.A.

4Q24 Results: Telefônica Brasil S.A.

TELEFÔNICA BRASIL S.A. ANNOUNCES THE FILING OF ITS ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2024

1Q25 Results: Telefônica Brasil S.A.

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Telefonica Brasil

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