Business · Companies · 2 hrs ago
Telefónica’s Brazilian unit Vivo lifts nine-month profit 12.2%
Vivo, Telefónica’s Brazilian subsidiary, increased its profit in the first nine months of 2026.
It earned 7.3 billion reais, about 1.2 billion euros, between January and September.
That was 12.2% more than in the same period a year earlier.
The company’s total revenue rose 6.9% to 47.1 billion reais, while operating earnings increased 8.1%.
Its customer base reached 120.2 million connections by the end of September, including 106.4 million mobile connections.
Mobile revenue grew faster than fixed connectivity revenue, and the number of homes and businesses connected to Vivo’s fiber network rose 10.8% to 8.4 million.
These results show growth across its services, but no next steps were announced.
Vivo, Telefónica’s Brazilian unit, reported net profit of 7.3 billion reais in the first nine months of 2026, up 12.2% from a year earlier.
The company’s third-quarter net profit rose 30.1% year on year to 2.5 billion reais.
Revenue for the first nine months increased 6.9% to 47.1 billion reais.
Nine-month EBITDA rose 8.1% to 20.8 billion reais.
Vivo had 120.2 million customer accesses at the end of September, up 3% year on year.
- Who
- Vivo, Telefónica’s Brazilian subsidiary.
- What
- It reported a 12.2% increase in net profit for the first nine months of 2026, to 7.3 billion reais.
- When
- The results cover the first nine months of 2026 and the third quarter. They were reported on November 10, 2026.
- Where
- Brazil.
- Why
- Not stated
This story does not have two clearly opposing sides.
Vivo recorded net profit of 7.3 billion reais, up 12.2% year on year.
Third-quarter net profit reached 2.5 billion reais, an increase of 30.1% from a year earlier.
The results were reported to financial markets.
- Nine-month net profit
- 7.3 billion reais; up 12.2% year on year
- Third-quarter net profit
- 2.5 billion reais; up 30.1% year on year
- Nine-month revenue
- 47.1 billion reais; up 6.9%
- Nine-month EBITDA
- 20.8 billion reais; up 8.1%
- Customer accesses
- 120.2 million at the end of September; up 3% year on year