Telefônica Brasil S.A. (NYSE:VIV) Q1 2024 Earnings Call Transcript

And, also, in terms of bad debt, just to cover here, this quarter, we have a quite low bad debt and reduced historic numbers over the last few years and this quarter represent 2.1% over gross revenues. If you compare to the previous year 12 months, it was around 2%, so slightly upside increase, but what we are seeing so far in the month of April and the first week, we are seeing some positive trends on the back of lower churn and also effective collection process. So, just to give you a view of the cost — key numbers.

Carlos de Legarreta: That’s very helpful. Thank you, David.

Operator: The question-and-answer section is over. We would like to hand the floor back to Mr. Christian Gebara for the company’s final remarks.

Christian Gebara: So thank you everyone for participating. Again, now we have, like, a very strong and solid quarter aligned with the strategy that we’ve been communicating over the last years. So if you have any additional question about numbers and any other topic, please feel free to contact us. So thank you again for participating in our call.

Operator: Vivo’s conference is now closed. We thank you for your participation, and wish you a nice day.