|
11/16/2011 |
GVT Quarter
This Page: GVT quarter results, economic data and operational performance. |
| Commentary |
GVT ended 3Q11 counting 1,442 thousand broadband subscribers, with net adds of 446 thousand clients over 3Q10.
GVT's net revenue in 3Q11 (R$894 million) was 38.4% bigger than in 3Q10 and investments hit R$ 446 million.
Net profit reached R$ 286 million in 3Q11. |
Operational Performance
| Thousands | 1Q10 |
2Q10 |
3Q10 |
4Q10 |
1Q11 | 2Q11 | 3Q11 | ∆Qter |
∆Year |
| Total of fixed accesses in service (LIS) | 2,970 | 3,308 | 3,691 | 4,232 | 4,760 | 5,253 | 5,770 | 9.8% | 56.3% |
Retail and SME |
2,074 | 2,397 | 2,651 | 3,035 | - | - | - | - | - |
Voice |
1,327 | 1,510 | 1,655 | 1,940 | - | - | - | - | - |
Broadband |
747 | 887 | 996 | 1,095 | 1,232 | 1,346 | 1,442 | 7.1% | 44.8% |
| Corporative | 896 | 911 | 1,040 | 1,197 | - | - | - | - | - |
Voice |
248 | 255 | 291 | 335* | - | - | - | - | - |
Broadband |
608 | 615 | 702 | 812* | - | - | - | - | - |
Voip companies |
40 | 41 | 47 | 50 | - | - | - | - | - |
| Internet and VoIP (VONO) | 148 | 155 | 155 | - | 147 | - | - | - | - |
Retail Voip (vono) |
126 | 135 | 140 | 145* | 119 | - | - | - | - |
Internet |
22 | 20 | 15 | - | 28 | - | - | - | - |
| Clients Base - Speed equal or above de 10MB | 45% | 56% | 61% | 64% | 67% | 69% | - | - | - |
| Net adds | 154 | 338 | 383 | 541 | 528 | 493 | 517 | 4.9% | 35.0% |
| % of ADSL penetration ADSL - Retail client | 80% | 84% | - | 88% | - | - | - | - | - |
* Estimated by Teleco
Fixed Accesses in Service
Thousands |
1Q10 |
2Q10 |
3Q10 |
4Q10 |
1Q11 | 2Q11 | 3Q11 | ∆Qter |
∆Year |
Fixed accesses in service |
1,575 | 1,765 | 1,946 | 2,275 | 2,450* | 2,521* | 2,600* | 3.1% | 33.6% |
Residential/SME |
1,327 | 1,510 | 1,655 | 1,940 | - | - | - | - | - |
Corporative |
248 | 255 | 291 | 335 | - | - | - | - | - |
Broadband |
148 | 155 | 155 | - | 147 | - | - | - | - |
Cities Covered
1Q10 |
2Q10 |
3Q10 | 4Q10 |
∆Qter |
∆Year |
|
| Number of Cities | 87 |
89 |
92 |
97 |
5.4% |
15.5% |
Region II |
75 |
75 |
75 |
75 |
- |
- |
| Region I and III | 12 |
14 |
17 |
22 |
29.4% |
144.4% |
Financial Economic Performance
| R$ Millions | 1Q10 |
2Q10 | 3Q10 | 4Q10 | 1Q11 | 2Q11 | 3Q11 | ∆Qter (%) |
∆Year (%) |
| Gross Revenue | 829 | 940 | 1.057 | 1.139 | 1.222 | 1.335 | 1.462 | 9.5% | 38.3% |
| Net Revenue | 513 | 574 | 646 | 696 | 747 | 816 | 894 | 9.5% | 38.4% |
| EBITDA | 207.2 | 236.8 | 272.4 | 290.4 | 313.9 | 339.0 | 377.1 | 11.2% | 38.4% |
| EBITDA Margin | 40.3% | 41.3% | 42.2% | 41.7% | 42.0% | 41.6% | 42.2% | - | - |
Net (loss) Profit |
32.4 | 81.0 | 114.2 | 162.3 | 118.2 | 144.3 | 286.0 | 98.2% | 150.4% |
| Investments | 173 | 284 | 334 | - | 332 | 397 | 466 | 17.4% | 39.6% |
| Net Debt | (224) | - | - | - | - | - | - | - | - |
Note: In 2Q10 EBITDA was adjusted.
Net Revenue
| Million R$ | 1Q10 |
2Q10 | 3Q10 | 4Q10 | 1Q11 | 2Q11 | 3Q11 | ∆Qter (%) |
∆Year (%) |
| Voice | 339 |
370 |
414 |
430 |
- |
- | - | - |
- |
| Corporative Data | 46 |
49 |
54 |
58 |
- |
- | - | - |
- |
| Broadband (retail) | 118 |
143 |
169 |
192 |
220 |
247 |
- | 12.4% | 73.4% |
| VOIP | 11 |
11 |
13 |
12 |
- |
- |
- | - | - |
| Net Revenue | 514 |
573 |
650 |
692 |
747 |
816 |
894 | 9.5% | 38.4% |


