SAO PAULO, Brazil, Feb. 13 /PRNewswire-FirstCall/ -- VIVO Participacoes S.A. (VIVO) (Bovespa: VIVO3 [ON = Common Shares] / VIVO4 [PN = Preferred Shares]; NYSE: VIV), announced its consolidated results for the fourth quarter 2008 (4Q08) and for year 2008. The conclusion of the acquisition of Telemig Celular Participacoes, the launching of the 3.5G - WCDMA/HSUPA network - with the largest WCDMA coverage in Brazil, the beginning of operation in the Northeast states, among many other achievements, converged to one sole goal: to provide the best services for the individuals to be able to connect themselves - whenever wished, however wished, wherever wished, every time more. Thus, we fostered the company in a network, which brings along a lot of opportunities for people to develop themselves, progress and live better. Thus acting, we fed a virtuous cycle which is reflected on the self-sustainable evolution of our own business, closing year 2008 with the best result since Vivo was organized. R$ million 4Q08 3Q08 4Q07 Net Revenue 4,268.3 4,078.2 3,744.3 Total Operating Costs (2,872.0) (2,753.9) 2,765.4) EBITDA 1,396.3 1,324.3 978.9 EBITDA Margin (%) 32.7% 32.5% 26.1% Net Result 215.5 133.9 26.2 Number of customers (thousand) 44,946 42,277 37,384 Market share 29.8% 30.0% 30.9% Net Additions (thousand) 2,668 1,842 2,449 In December, Vivo's customer base reached 44,945 thousand customers, with a 29.80% market share, reaffirming its leadership in the domestic market; In 4Q08, Vivo managed to attract 2,668 thousand new customers, with 27.1% in market share of net additions. In the year-to-date, it recorded 7,561 thousand new customers; Self-supported data and VAS revenue, which grew 35.1% as for an inorganic growth and 20.8% in a combined comparison in relation to 4Q07, representing 10% of the net service revenue in 4Q08; EBITDA margin in the quarter of 32.7% growing 6.6 percentile points over 4Q07. EBITDA reached R$ 1,396.3 million in the quarter, a growth of 53.7% from an inorganic view point and 42.6% in a combined comparison over 4Q07; In the year-to-date 2008, the EBITDA reached R$ 4,867.5 million, an increase of 37.3% in relation to the year-to-date for the previous year. The EBITDA margin of 30.8% is 5.2 percentile points higher in the comparison between the periods; Net profit of R$ 215.5 million in the quarter, 60.9% higher than the figure recorded for the previous quarter. In the year-to-date 2008, calculated according to corporate criteria, such amount came to R$ 389.7 million. A dividend proposal of R$1.0959 per common and preferred share, will be submitted to the General Shareholders Meeting. To download the complete version of the Company's earnings release, please visit our website: http://www.vivo.com.br/ir Investor Relations +55 11 7420-1172 DATASOURCE: Vivo Participacoes S.A. CONTACT: Investor Relations, VIVO, +011-5511-7420-1172,

Copyright