Everyone wants to be in cloud, everyone is worried about cybersecurity. Everyone wants to have new notebooks, and no realizing in desktops and all these new ideas not counting on the IoT that we’ve — we also see developing very, very strongly with the arrival of 5G. We see ourselves prepared because we have the teams to develop the product, leveraging on the Telefonica’s group capability. And we have the channel already in place to respond to this demand. So the growth here, we don’t give trends. But we only see positive in all lines of the services in B2B and also B2C. We talked about money, but we’re going to talk about many other services that we see also growing here, not only growing revenue, but also protecting and reducing churn that we see entertainment, for instance.
We are I think, one of the largest seller of OTT video services in Brazil. And we — what we see here is it increase ARPU, but at the same time it reduced churn because the customer gets committed to Vivo in more than one service, two services at Vivo’s total, three services, we has a digital service with Vivo as well. So the vision is clear. And we only see upside in both B2B and B2C. No, no for answer you fill it because long, because there are lots of things to say here.
Felipe Cheng: Perfect. If I may just make one quick follow-up on the M&A side, if you could maybe talk a little bit about consolidation prospects here for the FTTH segments? How active do you plan to be if you see this markets starting to consolidate a little bit quicker in 2023? So just get your overall perception regarding this topic? Thank you.
Christian Gebara : I think the market needs to be consolidated now. I think that’s clear for everyone. We started with fiber before everyone. We also we now have 24 million home passed. We have 5.5 million customers and we are the one — the only one able to offer it with the size of operations convergent offer. So we are in a very unique and leading position. Having said that, we believe that there’s no sense of having three fiber networks in the same city. So we need to be much more rational. And I think that was in the past in the market, the feeling that everyone could build a fiber network and every one will be successful, I don’t think that’s going to happen anymore. And I think the numbers that we see of the market are total net adds of the market is making what they say, real.
No, we don’t see the market grow in the same way. And when we see the leading one, in that adds of the market share of net adds, we see Vivo is standing out. So it’s also a business that requires CapEx, it’s not only CapEx of deploying the network, but it’s also CapEx to connecting the customers. It needs a lot of things to make it happen a successful way. And we talk about nutra networks, the anchor tenants, and someone that is really able to occupy this network in a good percentage. So having said all that, I believe that consolidation needs to happen and may happen, especially in the context of high interest rate. In our case, we generate cash. So as we said before, now we our free cash flow is very strong as you all could see in our presentation.
