SÃO PAULO, Feb. 20, 2024 /PRNewswire/ –Telefônica Brasil – ((B3: VIVT3, NYSE:VIV), announces its results for 4Q23 and 2023.
Net Income expands by +23.1% YoY in 2023, led by real top-line growth
R$ million
4Q23
4Q22
% Y-o-Y
2023
2022
% Y-o-Y
Net Operating Revenue
13,535
12,659
6.9
52,100
48,041
8.4
Core Revenue
12,790
11,771
8.7
48,910
44,151
10.8
Mobile Revenue
9,643
8,899
8.4
36,669
33,070
10.9
Fixed core revenue
3,146
2,872
9.5
12,241
11,081
10.5
Non-core Revenue
745
888
(16.1)
3,190
3,890
(18.0)
Total Costs
(7,783)
(7,425)
4.8
(30,782)
(28,760)
7.0
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