Telefonica Brasil S.a. · BMFBOVESPA:VIVT3
Telefonica Brasil — Merger or Acquisition (April 2022)
10 slides from Telefonica Brasil's merger presentation, Apr 28, 2022
Slide 1: Material Fact: Presentation on Value Creation of Acquisition of Oi UPI Mobile Assets
TELEFÔNICA BRASIL S.A. Publicly Held Company CNPJ ME 02.558.157/0001-62 NIRE 35.3.0015881-4 MATERIAL FACT PRESENTATION REGARDING THE VALUE CREATION OF THE ACQUISITION OF PART OF OI UPI MOBILE ASSETS Telefônica Brasil S.A. (“Telefônica Brasil” or “Company”), in compliance with article 157 of Law No.
Slide 2: Acquisition of Oi's Mobile Assets
Acquisition of Oi’s Mobile Assets April 28th, 2022 Telefônica Brasil S.A. Investor Relations
Slide 3: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements concerning prospects and objectives regarding the capture of synergies, growth of the subscriber base, a breakdown of the various services to be offered and their respective results Our actual results may differ materially from thos
Slide 4: Value creation through acquisition of key assets
Value creation through acquisition of key assets, reinforcing leadership in mobile customer base, spectrum and overall experience Acquired assets R$ Billion Spectrum Acquisition Cost (ex net cash) + Earnout 5.4 43 MHz Acquisition Cost 5.3 in 1,800 MHz, 2,100 MHz and 900 MHz frequencies, with Nationw
Slide 5: Mobile consolidation reaffirming Vivo as LatAm's largest customer base
Mobile consolidation reaffirming Vivo as LatAm’s largest customer base, enhancing our positioning throughout Brazil Largest Customer Base Vivo’s Mobile Market Position by State Mobile Market Share in LatAm Player 2 38% 33% From 100 million to 112 million +5 p.p. 2% 27% total accesses of which 97 mil
Slide 6: New customers to benefit from Vivo's network, offers and customer support
New customers to benefit from Vivo’s second-to-none network, offers and customer support Customers coming from Oi Mobile will benefit from the following assets 350 stores¹ 4G, 4.5G and 5G Network in the regions of the acquired customer base connectivity Unique CX with Vivo App FTTH Convergent offers
Slide 7: Acquisition of 43 MHz consolidating Vivo's leadership in quality of service
Acquisition of 43 MHz consolidating Vivo’s leadership in quality of service and allowing us to reduce capex intensity Bandwidth MHz Acquired New Spectrum Position Spectrum acquired reinforcing our 900 MHz 2.0 MHz mid-range portfolio, allowing for a boost in data quality 1,800 MHz 23.4 MHz Frequencie
Slide 8: Potential synergies of R$5.4bn, net of investments and integration costs
Initial calculations show potential synergies of R$5.4bn, related to cost and capex savings, net of investments and integration costs Synergies Description NPV (R$ billion) • Reduction of operation and maintenance costs Network • Site avoidance and shutdown, lower expenses on 4G/5G deployment, core
Slide 9: Next steps and expected timeframe to integrate Oi
Looking ahead, we will start working on the assets’ integration, thus having more visibility of the potential value capture from this transaction Next steps and expected timeframe to integrate Oi 2022 2023 Q1 Q2 Q3 Q4 Q1 Anatel’s approval CADE's approval Closing Temporary roaming-like¹ migration of
Slide 10: Investor Relations
For further information: Investor Relations w w w. t e l e f o n i c a . c o m . b r / i r i r. b r @ t e l e f o n i c a . c o m +55 11 3430.3687 9
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