Telefonica Brasil SA ADR
VIV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| fl | LOCK|r#h | LOCK|^??<C# |
Vivo Earnings: Relatively Aggressive Pricing Lured Customers but Hurt Revenue Growth
Telefonica Brasil (Vivo) posted strong customer growth during the fourth quarter, adding 891,000 net postpaid phone customers. However, revenue per customer was disappointing, pulling wireless service revenue growth down to about 7% year over year from 9% over the prior three quarters.
