Telefônica Brasil Achieves 10% Profit Growth in Q4 2024

Telefônica Brasil (B3: VIVT3; NYSE: VIV), the operator of Vivo, reported a net profit of R$1.76 billion ($293M) in the fourth quarter of 2024, marking a 10.1% year-over-year increase. The results, announced on February 25, met market expectations of R$1.7 billion ($283M), as compiled by LSEG. They highlighted the company’s operational resilience and strategic focus. […]