Telefonica Brasil (NYSE: VIV) reported quarterly earnings of $0.15 per share which missed the analyst consensus estimate of $0.17 by 11.76 percent. This is a 36.36 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $2.936 billion which beat the analyst consensus estimate of $2.910 billion by 0.89 percent. This is a 19.49 percent increase over sales of $2.457 billion the same period last year.