Publicidade

12/11/2025

Economic Results from Providers

Net Revenue EBITDA Margin Capex

This page: It shows the evolution of providers ebitda margin in Brazil. Source: Providers Reports

Telecom EBITDA Margin

 

Brazilian Telecom Ebitda Margin in 3Q25: 44.7%

 

 

Providers EBITDA Margin

  1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25
Vivo 39.0% 39.9% 42.4% 42.5% 39.6% 40.5% 43.4%
Claro 43.4% 43.2% 43.9% 43.8% 44.1% 44.1% 44.6%
TIM 47.4% 50.0% 50.4% 50.5% 48.2% 50.8% 51.7%
Oi -7.6% -3.9% -17.9% -6.9% -30.1% -13.7% -
Total 39.6% 40.5% 41.2% 41.9% 40.5% 43.0% 44.7%

 

  2020 2021 2022 2023 2024
Vivo 41.1% 40.9% 40.1% 40.9% 41.0%
Claro 39.7% 40.6% 40.7% 41.9% 43.6%
TIM 48.5% 48.4% 47.4% 48.9% 49.6%
Oi 31.1% 30.6% 17.5% -0.7% -9.1%
Total 41.0% 41.3% 40.2% 40.5% 41.2%

 

Competitives EBITDA Margin

  1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25
Algar 41.6% 38.0% 32.1% 28.7% 40.6% 40.7% 39.7%
Brisanet 42.3% 42.0% 41.0% 42.7% 44.2% 43.6% 44.5%
Unifique 50.8% 47.8% 47.6% 47.7% 49.5% 46.7% 52.4%
Vero 55.1% 48.7% 53.9% 48.1% 51.5% 55.4% 54.1%
Desktop 51.4% 51.3% 51.1% 51.4% 52.1% 51.7% 52.8%
Alloha fibra 47.9% 45.0% 47.0% 46.6% 46.4% 43.7% 29.2%
Alares 44.8% 45.8% 46.1% 43.5% 43.9% 45.3% 46.7%
Ligga 46.7% 45.7% 71.1% 47.2% 53.2% 44.8% 55.8%
Brasil TecPar 44.3% 45.4% 46.2% 49.0% 46.7% 49.2% 48.1%
Telebrás 3.3% 33.8% 20.5% 29.6% 64.8% 35.7% 25.5%
Total 46.1% 44.6% 45.2% 43% 47.0% 46.2% 44.7%

** Estimated by Teleco. Algar didn't disclose results. *Adjusted ebitda margin

 

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