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Telefonica Brasil SA (VIV.N)

VIV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Telefonica Brasil announces appointment of chairman
Monday, 13 Jun 2016 02:25am EDT 

Telefonica Brasil SA :Announced on Friday that its board approved to appoint Eduardo Navarro de Carvalho as the chairman of the board.  Full Article

Telefonica Brasil SA appoints David Melcon Sanchez-Friera as new CFO
Monday, 11 Apr 2016 07:46am EDT 

Telefonica Brasil SA:Appoints David Melcon Sanchez-Friera as new CFO after obtaining authorization from the Ministry of Labour and Employment.Says Amos Genish stops acting as interim CFO.  Full Article

Telefonica Brasil SA announces changes in CFO position
Thursday, 24 Mar 2016 02:33pm EDT 

Telefonica Brasil SA:Says that its board of directors decided to dismiss chief financial officer Alberto Manuel Horcajo Aguirre.Company's CEO Amos Genish will act as CFO on interim bases.David Melcon Sanchez-Friera appointment as new CFO from Feb. 8 is awaiting authorization from the Ministry of Labour and Employment.  Full Article

Telefonica Brasil SA announces own capital interest payment
Friday, 18 Mar 2016 04:49pm EDT 

Telefonica Brasil SA:Says it proposes, ad referendum of General Meeting, own capital interest payment in gross amount of 337.0 million Brazilian reais, corresponding to net amount of 286.5 million reais.Says gross value per common share is 0.1872 real, corresponding to net value of 0.1591 real.Says gross value per preferred share is 0.2059 real, corresponding to net value of 0.175 real.Says values will be attributed to minimum obligatory dividend for FY 2016.Record date is March 31.Own capital interest to be paid by the end of FY 2017.  Full Article

Telefonica Brasil SA announces corporate restructuring
Tuesday, 15 Mar 2016 07:48am EDT 

Telefonica Brasil SA:Says its board has approved corporate restructuring involving the company and its wholly-owned subsidiary GVT Participacoes SA (GVTPart), to be preceded by restructuring involving its units Global Village Telecom SA (GVT) and POP Internet Ltda (POP).Says will propose incorporation of GVTPart.Says GVT will be divided, its net assets related to telecom sector will be transferred to GVTPart and its net assets related to other activities will be transferred to POP.Says restructuring aims to simplify the corporate structure of the company.  Full Article

Telefonica Brasil SA announces own capital interest payment
Tuesday, 20 Oct 2015 07:23am EDT 

Telefonica Brasil SA:Says on Oct. 19 it approved payment of own capital interests referring to fiscal year 2015, totaling 88.0 million Brazilian reais gross (net value of 74.8 million reais).Sets the gross value at 0.049 reais per ordinary share and 0.054 reais per preferred share.Record date Oct. 30.Ex-interest date as of Nov. 3.It will be paid by the end of FY 2016.  Full Article

Telefonica Brasil SA announces own capital interest payment
Monday, 21 Sep 2015 08:30am EDT 

Telefonica Brasil SA:Says on Sept. 18 it approved payment of own capital interests for fiscal year 2015 totaling 147.0 million Brazilian reais gross (net value of 125.0 reais).Sets the gross value at 0.082 reais per ordinary share and 0.090 reais per preferred share.Record date Sept. 30.Ex-interest date after Sept. 30.  Full Article

Telefonica Brasil SA announces conclusion of exchange of shares between Telefonica SA and SIG108
Friday, 18 Sep 2015 11:09am EDT 

Telefonica Brasil SA:Announces conclusion of exchange of shares between Telefonica SA (Telefonica) and Societe d'Investissements et de Gestion 108 SAS (SIG108).Transaction resulted in transferring of 46,000,000 Telefonica's shares held in treasury to SIG108, in exchange for 58,400,000 company's preferred shares owned by SIG108 transferred to Telefonica.Says that Telefonica SA shareholding position at the company was increased by 3.5 percent in relation to the total capital stock of the company and SIG108 shareholding position at the company was reduced in the same proportion.After transaction SIG108 does not hold any stake at the company.  Full Article

Telefonica Brasil SA announces own capital interest payment
Thursday, 20 Aug 2015 05:00pm EDT 

Telefonica Brasil SA:Approves own capital interest payment in gross amount of 237 million Brazilian reais, corresponding to 0.132 per ordinary share and 0.145 per preferred share, with record date on Aug. 31.Dividend and own capital interest to be paid by the end of FY 2016.Ex-dividend and ex-interest as of Sept. 1.  Full Article

Vivendi SA Sells remaining shares in Telefonica Brasil SA
Thursday, 30 Jul 2015 02:38am EDT 

Vivendi SA:Announces that after the close of the New York stock exchange on July 29, it sold 67.9 million preferred shares of Telefonica Brasil (representing 4.0 pct of its share capital) for about $877 million.  Full Article

More From Around the Web

Telefonica Brasil to save money by reducing customer center calls -CEO

SAO PAULO, Feb 22 Telefonica Brasil SA , the country's largest telecommunications company, believes the introduction of digital communications channels with clients will reduce costs and improve margins, Chief Executive Eduardo Navarro told analysts on an earnings call Wednesday.