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Stock impact report

Brazil Telecoms, Mobile and Broadband Statistics and Analysis Report 2024: Brazil's Regulator Concludes 5G Spectrum Auction [Yahoo! Finance]

Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) (VIV) 
US:NYSE Investor Relations: telefonica.com.br/ir
Company Research Source: Yahoo! Finance
Brazil has one of the largest mobile markets in Latin America due to the sheer size of its population. Healthy competition in the mobile market has helped reduce the price of mobile services in Brazil in recent years and mobile service providers have had much success in converting their customers from prepaid to contract plans. Mobile broadband take-up has been rapid, with around 250 million subscriptions as of October arch 2021, bringing the penetration rate to 117%. The principal telcos include TelefAnica Brasil, operating fixed-line and mobile services under the Vivo brand, as well as AmArica MAvil operating services under the Claro brand. Oi also offers a range of services though the company's financial difficulties recently forced the company to sell its mobile, tower and data centre units in a bid to reduce debt. The multi-spectrum auction, intended to push the development of 5G, was scheduled for March 2020 but was delayed due to interference issues with satellite TV broad Show less Read more
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