24 de febrero de 2016 / 22:31 / en 2 años

Telefonica Brasil posts 11 percent drop in quarterly profit

SAO PAULO, Feb 24 (Reuters) - Telefonica Brasil SA posted a fourth-quarter net profit of 1.115 billion reais ($282 million), down 11 percent from a year earlier, according to a filing on Wednesday.

The Brazilian unit of Spain’s Telefonica SA reported earnings before interest, taxes, depreciation and amortization rose 6 percent to 3.432 billion reais.

$1 = 3.96 Brazilian reais Reporting by Brad Haynes; Editing by James Dalgleish

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