SÃO PAULO-(Updated to 9:11) the Book Alive recorded net income of r $ 1.99 billion in the second quarter, with an increase of 118% over the same period in in 2013. The strong growth was due to the revision of the tax bases of intangible assets arising from business combinations, which had positive effect of r $ 1.2 billion in the result.
Net revenues advanced 1.5% in the three months to June, totaling R $ 8.62 billion. Revenue rose 6% in mobile lines, to $ 5.53 billion, but retreated 5.4% in fixed lines, for $ 2.79 billion.
The earnings before interest, taxes, depreciation and amortization (Ebitda, the acronym in English) fell 1.2 percent in the quarter, about a year before, getting for $ 2.54 billion. According to the company, there was improvement in efficiency efforts, primarily in costs, in addition to increased mobile accesses base and improvement in business performance fixed.
In relation to the estimates of three houses of analysis by both Value queried net income as net income (even if taken out the positive effect of r $ 1.2 billion overhaul of tax bases of intangibles) exceeded the estimates. The average of projections of Credit Suisse, Bradesco and Citi for the indicators was r $ 8.53 billion for the IRS and R $ 786,3 million for profit. Ebitda was in line with the expected.
Telefónica was still Alive a breakthrough of 2.3% in average revenue per user (Arpu) mobile during the second quarter, against a year earlier. The data segment overshadowed the drop rate of mobile network interconnection. Arpu for voice access fell 3.9%, while in the segment of data there was advance of 15.4%.
The postpaid segment grew 26.5% compared to the previous year, with 26.2 million hits in the quarter. The mix of postpaid customers now is 33%, an increase of 5.8 percentage points in annual comparison.
The total of hits reached 94.9 million in the quarter, with an increase of 4.1% over a year earlier. According to the company, 79.4 million were recorded in the mobile business and 15.5 million in fixed.
Fixed voice accesses rose by 3.4% in the three months to June to 10.9 million. "The corporate access maintain good performance and feature growth of 2.6% in the annual comparison," says the company. Analysts feared that the numerous holidays and the World Cup had brought worsening in business with carrier companies.
In broadband, Telefonica reached 3.9 million customers in the quarter, with a high of 2.4% over a year earlier. Pay TV accesses grew by 30.4% compared to the previous year, to 688 thousand subscribers.
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