Telefonica Brasil (NYSE: VIV) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.17 by 29.41 percent. This is a 15.79 percent increase over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $2.892 billion which missed the analyst consensus estimate of $2.930 billion by 1.30 percent. This is a 15.63 percent increase over sales of $2.501 billion the same period last year.