Brisanet Telecomunicacoes

News Summary:

Brisanet Participações S.A. on September 17, 2026, successfully completed its second debenture issue, raising R$600 million for working capital and projected growth, with orders surpassing R$1.1 billion. The debentures received a stable outlook, reflecting market confidence in the company's business model. On the same day, the company reported 3Q23 highlights, including a 4% growth in homes passed (HPs), 47,000 HPs growth in broadband, and a 2.1% increase in its fiber market share across seven states. Brisanet also noted an adjusted EBITDA margin increase to 48% and gross revenue growth of 16% in B2C and 56% in B2B for 3Q23, with 2023 investments projected at BRL 500 million, focusing on 5G and fiber expansion. Earlier on September 17, 2026, Brisanet announced its first-quarter 2025 (1Q25) results, reporting an adjusted EBITDA of R$173.2 million with a 44% margin, and a 17% growth in net operating revenue compared to 1Q24. The company stated it had 451,788 mobile customers (4G/5G) by March 2025, adding over 113,000 customers in 1Q25, and maintained a 100% fiber optic product portfolio. Previously, on September 14, 2026, Brisanet announced it added approximately 36,300 mobile accesses in August, bringing its total to 1.145 million active lines across 357 Northeast municipalities, while its direct fixed broadband reached 1.5 million lines, comprising 1.546 million FTTH and nearly 41,000 FWA lines.