Vivax
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This page: Vivax results, pay TV (cable) and Broad Band Internet. |
Vivax
Vivax is the name of the joint venture of Pay TV Operators : Horizon and Canbrás.
Net buys Vivax
VIVAX shares are not negotiated in the Stock Exchange since 07/13/07. Vivax shares were replaced by Net (NETC4), to each share of VIVAX will be given 0.5678 preferential share emitted by NET.
In 10/12/2006 Net published the contract celebration:
In 12/05/06 the operation was done. Now waiting Anatel's approval to be implemented. |
Vivax has office in Americana (São Paulo). It has 34 operational concessions, in which, 31 in São Paulo, two in Rio de Janeiro and Manaus ( Amazonas).
Vivax has been negotiating shares in São Paulo Stock Exchange since February 8th of 2006.
The following figure presents Vivax joint venture:
Site da Operadora: Vivax
Operational Performance
- |
2002 |
2003 |
2004 |
2005 |
2006 |
Cable TV Subscribers | 91,213 |
91,381 |
270,270 |
293,969 |
328,297 |
Broad Band Internet Subscribers |
13,244 |
21,236 |
54,016 |
83,010 |
134,750 |
Number of homes and business cable |
413,962 |
419,907 |
1,100,944 |
1,174,077 |
1,217,055 |
Financial and Economic Performance
R$ Thousands |
2002 |
2003 |
2004 |
2005 |
2006 |
Gross Revenue | 60 |
76 |
266 |
314 |
375 |
Net Revenue | 49.5 |
62.7 |
225 |
269 |
321 |
EBITDA adjusted | (6.98) |
3.0 |
72.7 |
103.4 |
125.5 |
EBITDA Margin | (14.1%) |
4.8% |
32.3% |
38.4% |
39.0 |
Net Profit | (77.4) |
(27.0) |
(52.5) |
38.8 |
78.8 |
Debt | 450 |
425 |
372 |
305 |
127 |
Investments | 43 |
37 |
27 |
60 |
65 |
Gross Revenue
R$ Thousands |
2002 |
2003 |
2004 |
2005 |
2006 |
Cable TV | 51 |
63 |
192 |
207 |
237 |
Broad Band | 5 |
10 |
53 |
72 |
99 |
Others | 4 |
2 |
22 |
34 |
39 |
Total Gross Revenue | 60 |
76 |
266 |
314 |
375 |