Financial Data and Key Metrics Changes - The company achieved a 5.2% year-over-year increase in service revenues for the first nine months of 2025, with EBITDA rising 6.7% year-over-year and a net income increase of 42.2% year-over-year [4][5] - Operational cash flow reached R$ 4.5 billion, with a disciplined approach to CapEx maintaining investment efficiency [4][14] - The company announced R$ 1.8 billion in interest on capital and repurchased R$ 369 million in shares, reinforcing its commitment to shareholder remuneration [5][13] Business Line Data and Key Metrics Changes - Mobile service revenues increased by 5.6% annually over nine months, with postpaid expansion being a key contributor [5] - The broadband segment showed operational improvements, with broadband ARPU at R$ 94 in the third quarter and a 3.7% year-over-year growth in the client base [7] - The B2B segment is expanding, with IoT solutions covering 23.5 million hectares and generating R$ 435 million in contracted revenues since Q1 2024 [10][11] Market Data and Key Metrics Changes - The company has the broadest 4G and 5G coverage in Brazil, with 5G now available in 1,000 cities [7] - The competitive environment in mobile remains rational, with no significant disruptions from smaller players [26] Company Strategy and Development Direction - The company is focused on innovation, customer experience, and operational excellence to drive sustainable growth [4] - The strategy includes a "more-for-more" approach to optimize the cost-benefit equation and enhance value propositions [6] - The company aims to maintain strong performance in mobile postpaid and B2B segments while continuing to recover prepaid and broadband [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 goals and delivering value through strong performance in mobile postpaid and B2B segments [15] - The company anticipates a stabilization in prepaid and broadband segments, with improvements expected in top-line growth [20] Other Important Information - The company reached the top 10 of the FTSE & Russell Diversity and Inclusion Index, highlighting its commitment to ESG practices [5] - The Revamp My Team app has over 17.7 million unique users, driving digital engagement and e-commerce growth [8] Q&A Session Summary Question: Mobile service revenues deceleration - Management noted that the deceleration in mobile service revenues is consistent with seasonal patterns and not heavily influenced by competition [18][19] Question: Competitive environment and price adjustments - The competitive environment remains positive, with plans for potential price adjustments in the postpaid segment next year [26][27] Question: Lease efficiency plan and partnerships - The company is in discussions with partners regarding lease efficiency, aiming to keep lease costs stable while expanding coverage [31][33] Question: Fiber business and customer acquisition - Improvements in customer acquisition quality and churn management have led to positive net additions in the fiber business [39][40] Question: B2B and IoT growth opportunities - The company is focusing on specific verticals for B2B growth, with ambitions to expand its portfolio of solutions [50][51] Question: Operating cash flow growth rate - Management confirmed guidance for operating cash flow growth, expecting it to align with previous forecasts [58][59] Question: Price increase magnitude and base affected - The company implemented price adjustments for both control and pure postpaid customers, with plans to explore further adjustments in the next quarter [64][65]