Telefonica Brasil SA ADR
VIV: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$52.00 | Ccb | Stsslspn |
Vivo Earnings: Continued Pricing Discipline Drives Solid Wireless Growth
Telefonica Brasil, known as Vivo, continues to deliver solid results as it roughly maintains wireless market share while increasing revenue per customer and expanding its broadband business in a highly competitive market. Our fair value estimate remains $14 per ADR, and we believe the shares are attractive.