|Bid||9.55 x 1400|
|Ask||9.56 x 3200|
|Day's range||9.54 - 9.74|
|52-week range||7.75 - 14.68|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||6.84|
|Forward dividend & yield||0.41 (4.44%)|
|Ex-dividend date||29 May 2020|
|1y target est||13.02|
Today with us representing the management of Telefonica Brasil, we have Mr. Christian Gebara, CEO of the company; Mr. David Melcon, CFO and Investor Relations Officer; and Mr. Luis Plaster, IR Director. Before proceeding, let me mention that forward-looking statements are being made under the safe harbor of the Securities Litigation Reform Act of 1996. Forward-looking statements are based on the company's management beliefs and assumptions and on information currently available.
Brazilian telecoms firms Telefonica Brasil SA <VIVT4.SA> and TIM Participacoes SA <TIMP3.SA> are moving ahead with a potential joint bid for rival Oi SA's <OIBR4.SA> mobile unit despite the challenges of the COVID-19 outbreak, executives said Wednesday. Meanwhile, they remain focused on expanding their fiber-to-the-home (FTTH) network, as well as fourth-generation (4G) mobile coverage, while a long-awaited auction for next-generation spectrum remains uncertain. "We're confident that our strategy is the right one," Telefonica Brasil Chief Executive Christian Gebara told investors on a call, noting it is still early to assess the full extent of the global pandemic.
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