Telefônica Brasil Files 6-K Report
Ticker: VIV · Form: 6-K · Filed: Jul 22, 2024 · CIK: 1066119
| Field | Detail |
|---|---|
| Company | Telefonica Brasil S.A. (VIV) |
| Form Type | 6-K |
| Filed Date | Jul 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $230 m, $218 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, 6-K, telecom
TL;DR
Telefonica Brasil filed a 6-K, standard update for investors.
AI Summary
Telefônica Brasil S.A. filed a Form 6-K on July 22, 2024, for the month of July 2024. The filing is for the period ending September 30, 2024. The company's principal executive office is located in São Paulo, Brazil.
Why It Matters
This filing provides an update on Telefônica Brasil S.A.'s reporting status and corporate information to the SEC, relevant for investors tracking the company's regulatory compliance.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (Form 6-K) that does not contain new material financial information or significant corporate events.
Key Numbers
- 001-14475 — SEC File Number (Identifies the company's filings with the SEC.)
- 0001066119 — Central Index Key (Unique identifier for the company in the SEC's EDGAR system.)
Key Players & Entities
- TELEFONICA BRASIL S.A. (company) — Filer
- 0001066119 (company) — Central Index Key
- 001-14475 (company) — SEC File Number
- 20240722 (date) — Filing Date
- 20240930 (date) — Reporting Period End Date
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign private issuers pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, used to furnish information which the issuer makes or is required to make public in its home country.
What is the reporting period for this 6-K filing?
The conformed period of report is 20240930, meaning it pertains to the period ending September 30, 2024.
When was this Form 6-K filed?
This Form 6-K was filed on July 22, 2024.
What is the company's primary business classification?
The company is classified under Standard Industrial Classification: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813].
Does Telefônica Brasil S.A. file annual reports under Form 20-F?
Yes, the filing indicates by check mark that the registrant files annual reports under cover of Form 20-F.
Filing Stats: 514 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-07-22 17:17:17
Key Financial Figures
- $230 m — PNET USA "), for a value of up to R$230 million, subject to the achievement of op
- $218 m — The net revenue generated in 2023 was R$218 million, representing an annual growth of
Filing Documents
- viv20240722_6k.htm (6-K) — 24KB
- viv202407226k_001.jpg (GRAPHIC) — 9KB
- 0001292814-24-002807.txt ( ) — 37KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of July, 2024 Commission File Number: 001-14475 TELEFNICA BRASIL S.A. (Exact name of registrant as specified in its charter) TELEFONICA BRAZIL S.A. (Translation of registrant's name into English) Av. Eng Lus Carlos Berrini, 1376 - 28 andar So Paulo, S.P. Federative Republic of Brazil (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes No X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes No X TELEFÔNICA BRASIL S.A. Publicly-held Company CNPJ/MF No. 02.558.157/0001-62 – NIRE 35.3.0015881-4 NOTICE TO THE MARKET Telefônica Brasil S.A. (“ Company ”) (B3: VIVT3; NYSE: VIV), hereby informs its shareholders and the market in general that its subsidiary Telefônica Cloud e Tecnologia do Brasil S.A. (" TCloud ") has entered into a purchase and sale agreement for quotas and other covenants, with the purpose of acquiring all quotas issued by IPNET Serviços em Nuvem e Desenvolvimento de Sistemas Ltda. (" IPNET ") and IPNET USA, LLC (" IPNET USA "), for a value of up to R$230 million, subject to the achievement of operational and financial metrics (" Transaction "). IPNET engages in, among other activities, the resale of software and systems, as well as the provision of professional and managed services for adaptation, migration, and related support. With 20 years in the market, the group has been involved in the digital transformation of companies, currently employing approximately 260 specialized professionals, of which 140 are Google-certified, serving a diverse portfolio of over 1,400 clients. The net revenue generated in 2023 was R$218 million, representing an annual growth of 35%. The Transaction documents contain terms and provisions common to this type of transaction, and its completion is subject to the fulfillment of certain precedent conditions, including obtaining the applicable antitrust authorization and the implementation of corporate reorganization involving the incorporation of the companies Metarj Soluções em Geotecnologia e Desenvolvimento de Sistemas Ltda. (" METARJ ") and XL Solutions Ltda. (" XL ") into IPNET. The Transaction will expand TCloud's product portfolio and strengthen its professional and managed services, enabling its acceleration and growth. The investment also reinforces the Company's digital ecosystem in the B2B segment, advancing in innovative solutions. São Paulo, July 22nd, 2024. David Melcon Sanchez-Friera CFO and Investor Relations Officer Telefônica Brasil – Investor Relations E-mail: ir.br@telefonica.com https://ri.telefonica.com.br SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TELEFNICA BRASIL S.A. Date: July 22, 2024 By: /s/ João Pedro Carneiro Name: João Pedro Carneiro Title: Investor Relations Director