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| Company type | Publicsociedade anônima |
|---|---|
| B3: VIVT3,VIVT4 NYSE: VIV Ibovespa Component | |
| Industry | Telecommunications |
| Predecessor | Telesp |
| Founded | 1998 |
| Headquarters | , |
Key people | Christian Gebara (CEO) |
| Products | Fixed line,Mobile telecommunications,Internet services,Cable television |
| Brands | |
| Revenue |  US$ 11.1 billion(2018)[1] |
| US$ 2.3 billion(2018)[2] | |
Number of employees | 34,000 |
| Parent | Telefónica |
| Subsidiaries |
|
| Website | www.telefonica.com.br |
Telefônica Brasil,trading asVivo,[3] is aBrazilian telecommunications group, subsidiary of SpanishTelefónica.
It was originally formed as part ofTelebrás, the state-owned telecommonopoly at the time. In 1998, Telebrás was demerged andprivatized.Telefónica boughtTelesp, the São Paulo division, and rebranded it to Telefónica. The group has a participation of 15% in its revenues in the world and currently the company has more than 90 million customers.
In 2010,Telefónica acquired the shares ofVivo that belonged to Portugal Telecom, and transferred control of the company to Telefônica-Vivo, its subsidiary in Brazil. In 2012 the company's services began to be marketed under theVivo brand, its services, such as internet access,cable andsatellite television,fixed andmobile telecommunications, among others, were integrated in this brand, launched in 2003 for the Telefónica-Portugal Telecom mobile telecommunications joint venture.
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