Telefonica Brazil S.A. was incorporated in Brazil on May 22, 1998. The company is a leading mobile communications company in Brazil and has a particularly strong position in post-paid mobile services. The company offers customers a complete product portfolio including mobile and fixed-line voice, mobile data, fixed broadband, ultra-high-speed broadband or UBB (based on fiber-to-the-home, or FTTH and fiber-to-route, or FTTC infrastructure), pay TV, information technology and digital services (such as entertainment, cloud, security and financial services). The company also has one of the most extensive distribution networks in the industry, where customers can obtain certain services, such as credits for purchasing prepaid phones.
