Telefônica Brasil Q3 profit up 30% to R$2.46B, fiber base grows

Telefônica Brasil reported a 30% year-over-year increase in net profit to R$2.46 billion for Q3, driven by strong fiber customer growth. The company's fiber base reached 8.4 million customers, with infrastructure available to 32.4 million households. This earnings beat signals continued strength in Brazil's telecom sector, potentially supporting positive sentiment for VIVT3 and the broader Brazilian market.

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