Telefonica Brasil Depositary Receipt (VIV)

Profile

https://www.telefonica.com.br

Telefonica Brasil Depositary Receipt represents American Depositary Shares of Telefônica Brasil S.A., known in the market as Vivo, a publicly held joint-stock company that provides communications and telecommunications services across Brazil. It offers mobile, fixed-line telephone, broadband internet, pay television, and digital services to residential, small and medium enterprise, and corporate customers. The company operates in the telecommunications and information sector, organized under Brazilian corporate law, with each ADS representing two common shares. Telefônica Brasil maintains a capital structure featuring common book-entry shares without par value, supporting mechanisms like interest on capital distributions and share buyback programs in line with regulatory requirements. It files regular reports with the U.S. Securities and Exchange Commission, including annual Form 20-F and Form 6-K updates on corporate actions, earnings, and shareholder matters. Founded in 1998 and headquartered in São Paulo, Brazil, this depositary receipt enables international access to the company's established position in Brazil's dynamic telecom market.