PHAROL Results, 2Q 2016

Page created: Friday, 12 August 2016 9:30GMT | Updated: Wednesday, 14 September 2016 10:50GMT

Press Release:  31 May 2016 - 14 Page(s)
Tags:
2016  Pharol  Resultados Financeiros   Results

QUARTER HIGHLIGHTS:

  • Improving RGUs trends in all services, especially TV, broadband, and postpaid
  • Residential

Residential ARPU grew 4,5% y.o.y., reaching R$ 82.1

Annual growth of ARPU for all services: +2.5% in wireline, +6.2% in broadband and +19.0 in pay TV

Reversal of the downward revenues trend, presenting a sequencial increase of +0,7%

  • Personal Mobility

Data revenues grew by 20.3% y.o.y., fueled by the launch of new plans (Oi Livre and Oi Mais), the increase in 3G/4G handset penetration, and investments in upgrading and expanding the capacity of the network

Service revenues presented the second best performance among competitors, confirming operational evolution in a difficult macro environment

  • B2B

Corporate segment improved the quality of its revenues, by increasing the share of non-voice services (data, IT and VAS), which already corresponds to 67% of total Corporate revenues

Offer and app Oi Mais Empresas are well accepted by the market. App has 90% of customer satisfaction and 65% of customers recommend the services

  • Routine Opex in the Brazilian operations increased well below inflation in the period, totaling R$ 4,878 million in 2Q16, thanks to cost control
  • Capex in Brazil totaled R$ 1,215 million this quarter (+16.7% y.o.y.), concentrated in the modernization and capacity expansion of network and IT, allowing a consistent improvement in user quality and experience


Original title:  Relatórios e Contas Consolidadas - 1S 2016

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