Telefônica Brasil Reports Strong Q3 2026 Growth Driven by Mobile and Electronics
Telefônica Brasil (VIV) reported robust third-quarter 2026 results, with total revenue rising 7.2% year-over-year to BRL 16 billion. The growth was primarily fueled by a 7.4% increase in mobile services and a significant 26.6% surge in handset and electronics sales. Profitability showed strong momentum as EBITDA grew 10% to BRL 7.1 billion, supported by an expanded margin of 44.5% due to disciplined cost management and operating leverage. The company continues to see success in its convergence strategy, with Vivo total accesses rising nearly 28% year-over-year. While the financial position remains healthy with a low net debt to EBITDA ratio of 0.5x, CEO Christian Gebara cautioned that macroeconomic headwinds are affecting customer affordability and causing some B2B clients to delay technology investments.
Tickers: $VIV
Topics: EBITDA Fiber Expansion Mobile Services Net Income Revenue Growth