Telefônica BrasilVIV
Market Cap: 14.2B
About: Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 100 million customers, which is equal to about 39% market share. The firm is strongest in the postpaid business, where it has 63 million customers, or about 42% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6.7 million households on this network. The firm also sells pay-tv and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 8% of total revenue.
Employees: 35,039
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
108% more call options, than puts
Call options by funds: $2.27M | Put options by funds: $1.09M
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
2% more funds holding
Funds holding: 179 [Q4 2023] → 182 (+3) [Q1 2024]
0.45% less ownership
Funds ownership: 7.67% [Q4 2023] → 7.22% (-0.45%) [Q1 2024]
11% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 65
14% less capital invested
Capital invested by funds: $938M [Q4 2023] → $809M (-$129M) [Q1 2024]
Research analyst outlook
3 Wall Street Analysts provided 1 year price forecasts over the past 6 months
3 analyst ratings
Barclays Mathieu Robilliard | 39%upside $12 | Equal-Weight Maintained | 9 May 2024 |
Barclays Mathieu Robilliard | 51%upside $13 | Equal-Weight Maintained | 23 Apr 2024 |
Barclays Mathieu Robilliard | 57%upside $13.5 | Equal-Weight Maintained | 26 Feb 2024 |