Telefônica Brasil S.A. (NYSE:VIV) Q4 2017 Earnings Conference Call - Preliminary Transcript

Feb 21, 2018 • 09:00 am ET


Telefônica Brasil S.A. (NYSE:VIV) Q4 2017 Earnings Conference Call - Preliminary Transcript


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Good morning ladies and gentlemen. At this time, we would like to welcome everyone to the Telefonica results was holding 2017 earnings conference call today with us representing the management of Telefonica, Brazil, where Mr. Eduardo Navarro CEO, Mr. Christian Guevara, [phonetic]CO, integrated CFO Relations Officer, [Indecipherable]and this release cluster IR director. [phonetic].

Unidentified Speaker

We also have a simultaneous webcast which I presentation on the internet that can be accessed at the site[Indecipherable] slash IR and on the mZ IQ[Indecipherable] platform, there will be a replay facility for the scar on the website.

After the company's from our server there will be a question and answer session. At that time for instructions will be given related sessions during the conference, [operator instructions]before proceeding when we mentioned before looking statements are made or been made under the safe harbor of a securities litigation Reform Act. It says, For looking statements are based on the company company's management's beliefs and assumptions and on information currently available for looking statements are not guarantees and performance involve risks uncertainties and assumptions.

Because the future events and therefore depend on circumstances that may or may not occur in the future. investors should understand its economic conditions, industry conditions and operating factors could also affect the company's future results and your results to differ materially from those expressed in such statements.

Now, I will turn the conference over its mysteries foster [Indecipherable]Investor Relations Director of total for Brazil, and surprise so you may begin your conference. Thank you for joining me this conference call for [Indecipherable]numbers use fourth quarter and year 2017. The plan will be divided as follows just you another view of operating and financial reasons Second row, we'll go over commercial protective and finally our CFO discuss our commitment and financial results.

Thank you, Lauren to everybody on the call today discussing focus on results rather than 40. I also like to my new investor on March 12, which is the New York Stock Exchange, the briefing our 20th anniversary event in New York. We provide you any strategy regarding growth, conditions, competitive position, a moment. Fathers and adults. We against the assault revenue trends on your house revenue grew a 3.8% year over year, driven by data and digital services, traffic. I need to fix that.

Also Robin, we see that our impressive performance containers resulted in a year over year growth of 2.4%. He shouldn't be competing with us or exposure to physician awards. If no one's reading is now representing over 7% of the total social costs moving to the middle is right before 2017 was squatting minus 1.5% here at the margin was hired to certify for phase two fortunately for us hired quick apparently fourth quarter we continue to be as committed as ever to controlling costs in digital transformation of the company, the mapping can govern 17% of 8% with a $4.6 billion total Indian tribe we have 100% unique permission to share shareholder moving to the right