Vivo’s third-quarter profit rises 30% as revenue and cash flow grow

Brazilian telecom operator Vivo made R$2.46 billion in profit from July to September 2026, up 30.1% from a year earlier.

Its revenue rose 7.2% to R$16 billion, with postpaid mobile services and phone sales growing strongly.

The company also gained R$366 million from selling assets, mainly linked to its old copper network, which it is shutting down.

Lower depreciation costs for older technology also helped lift operating profit.

Free cash flow rose 37.7% to R$2.43 billion, while the company said it had paid shareholders R$6.99 billion through September.

Vivo reaffirmed its plan to distribute at least all of its 2026 profit to shareholders.

The results show how growth in its mobile business and the sale of legacy assets contributed to a stronger quarter.