SAO PAULO-SP, Brazil (AP) — SAO PAULO-SP, Brazil (AP) — Telefonica Brasil SA (VIV) on Tuesday reported net income of $300.6 million in its third quarter.

On a per-share basis, the Sao paulo-Sp, Brazil-based company said it had net income of 18 cents.

The telecommunications company posted revenue of $2.53 billion in the period.

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