TELEFONICA BRASIL S.A. | CIK:0001066119 | 3

  • Filed: 3/19/2018
  • Entity registrant name: TELEFONICA BRASIL S.A. (CIK: 0001066119)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1066119/000129281418000755/0001292814-18-000755-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1066119/000129281418000755/viv-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001066119
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  • ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory

    ad)  Segment reporting

    Business segments are defined as components of a company for which separate financial information is available and regularly assessed by the operational decision making professional in decisions on how to allocate funds to an individual segment and in the assessment of segment performance.  Considering that: (i) all officers and managers' decisions are based on consolidated reports; (ii) the Company mission is to provide their customers with quality telecommunications services; and (iii) all decisions related to strategic planning, finance, purchases, short- and long-term investments are made consolidated on a consolidated basis, the Company operate in a single operating segment, namely the provision of telecommunications services.