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Telefonica (BME:TEF) Brasil (NYSE:VIV)’s CFO and Investor Relations Officer, David Melcon Sanchez-Friera, has indicated that the coexistence of OVVI and i2GO brands will provide a comprehensive range of products to consumers. The company’s commitment to innovation and quality is aimed at strengthening its competitive position in a dynamic industry. Based on InvestingPro’s Fair Value analysis, the stock currently appears undervalued, presenting a potential opportunity for investors. For detailed insights and additional ProTips about Telefonica Brasil, including its comprehensive Pro Research Report, visit InvestingPro. Based on InvestingPro’s Fair Value analysis, the stock currently appears undervalued, presenting a potential opportunity for investors. For detailed insights and additional ProTips about Telefonica Brasil, including its comprehensive Pro Research Report, visit InvestingPro.
Samauma, known for its "i2GO" brand, specializes in the sale of high-quality, accessible smartphone accessories and electronics. Since its inception in 2012, Samauma has established a significant retail presence with over 20,000 points of sale across the country. The company reported a Gross Revenue exceeding R$65 million in 2024.
Telefonica Brasil’s CFO and Investor Relations Officer, David Melcon Sanchez-Friera, has indicated that the coexistence of OVVI and i2GO brands will provide a comprehensive range of products to consumers. The company’s commitment to innovation and quality is aimed at strengthening its competitive position in a dynamic industry. Based on InvestingPro’s Fair Value analysis, the stock currently appears undervalued, presenting a potential opportunity for investors. For detailed insights and additional ProTips about Telefonica Brasil, including its comprehensive Pro Research Report, visit InvestingPro.
The agreement includes standard terms and conditions for transactions of this nature and is subject to the fulfillment of certain conditions precedent. The transaction is seen as a strategic move by Telefonica Brasil to cater to the evolving needs of the market by offering innovative and high-quality products.
Telefonica Brasil’s CFO and Investor Relations Officer, David Melcon Sanchez-Friera, has indicated that the coexistence of OVVI and i2GO brands will provide a comprehensive range of products to consumers. The company’s commitment to innovation and quality is aimed at strengthening its competitive position in a dynamic industry.
The information is based on a press release statement from Telefonica Brasil.
In other recent news, Telefonica Brasil has announced a major restructuring of its shares, involving a reverse stock split followed by a forward split, which aims to increase the liquidity of its shares without altering the share capital value. This restructuring will be effective from April 15th, 2025, and shareholders have until April 14th, 2025, to adjust their holdings accordingly. Additionally, Telefonica Brasil has declared a capital reduction payout, effective as of Monday, with shareholders entitled to a payment of R$1.22651176012 per common share, based on records as of February 27th, 2025.
In another development, Telefonica Brasil has been included in the Dow Jones Sustainability World Index for 2025, securing the 6th highest performance globally in the telecommunications sector. This inclusion highlights the company’s commitment to sustainable business practices and its leadership in the Americas. Meanwhile, Barclays (LON:BARC) has upgraded Telefonica (NYSE:TEF) S.A.’s stock rating from Equalweight to Overweight, though the price target was slightly reduced to $11.50 per share due to currency depreciation effects.
The analyst from Barclays noted an increase in revenue forecasts for the coming years, while EBITDA projections remain stable. Telefonica Brasil’s strategic moves, such as the share restructuring and capital reduction payout, along with its recognition for sustainability, continue to shape its market presence and operational efficiency.
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