Telefonica Brasil (FRA:TSPA) Construction In Progress : €296 Mil (As of Mar. 2024)

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What is Telefonica Brasil Construction In Progress?

Telefonica Brasil's quarterly construction in progress declined from Sep. 2023 (€382 Mil) to Dec. 2023 (€288 Mil) but then increased from Dec. 2023 (€288 Mil) to Mar. 2024 (€296 Mil).

Telefonica Brasil's annual construction in progress increased from Dec. 2021 (€261 Mil) to Dec. 2022 (€466 Mil) but then declined from Dec. 2022 (€466 Mil) to Dec. 2023 (€288 Mil).

Telefonica Brasil Construction In Progress Historical Data

The historical data trend for Telefonica Brasil's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Telefonica Brasil Construction In Progress Chart

Telefonica Brasil Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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531.64

379.97

260.93

466.10

287.57

Telefonica Brasil Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	338.57	382.03	287.57	295.67

Telefonica Brasil Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Telefonica Brasil (FRA:TSPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telefonica Brasil SA (FRA:TSPA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

VIV:USA VIVT3:Brazil VIV:Argentina

Address

Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936

Website

https://www.telefonica.com.br

Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 40% market share. The firm is strongest in the postpaid business, where it has 60 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers.

Telefonica Brasil (FRA:TSPA) Headlines

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