Telefonica Brazil’s net profits continue to grow in 3Q

Telefonica Brazil has posted net profit of BRL1.33 billion (USD754 million) for the July-September 2011 quarter, up 6.6% year-on-year, on revenues that climbed to BRL8.26 billion from BRL7.90 billion in the year-earlier period. The group’s results included its fixed line operations as well as mobile business Vivo Participacoes. Earlier this year, Telefonica of Spain – which controls both companies – integrated the fixed and mobile divisions into a unified business, Telesp

See more here:

OVETEL Telefonica Brazil’s net profits continue to grow in 3Q