<SEC-DOCUMENT>0001292814-16-004076.txt : 20160404
<SEC-HEADER>0001292814-16-004076.hdr.sgml : 20160404
<ACCEPTANCE-DATETIME>20160401174738
ACCESSION NUMBER:		0001292814-16-004076
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160630
FILED AS OF DATE:		20160404
DATE AS OF CHANGE:		20160401

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TELEFONICA BRASIL S.A.
		CENTRAL INDEX KEY:			0001066119
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14475
		FILM NUMBER:		161548359

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA ENGENHEIRO LUIS CARLOS BERRINI,
		STREET 2:		1376, CIDADE MONCOES
		CITY:			SAO PAULO-SP
		STATE:			D5
		ZIP:			04571-936
		BUSINESS PHONE:		55 11 3430-3687

	MAIL ADDRESS:	
		STREET 1:		AVENIDA ENGENHEIRO LUIS CARLOS BERRINI,
		STREET 2:		1376, CIDADE MONCOES
		CITY:			SAO PAULO-SP
		STATE:			D5
		ZIP:			04571-936

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TELESP HOLDING CO
		DATE OF NAME CHANGE:	20051028

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TELESP PARTICIPACOES SA
		DATE OF NAME CHANGE:	19980716
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>vivo20160401_6k1.htm
<DESCRIPTION>NOTICE TO THE MARKET
<TEXT>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 16pt" face="Times New Roman">UNITED STATES<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 16pt" face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION<BR></FONT></B><B><FONT lang=PT-BR style="FONT-SIZE: 16pt" face="Times New Roman">Washington, D.C. 20549<BR></FONT></B><B><FONT lang=EN-US style="FONT-SIZE: 18pt" face="Times New Roman">FORM 6-K</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 14pt" face="Times New Roman">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman">For the month of April, 2016</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman">Commission File Number: 001-14475</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT face="Times New Roman"><B><FONT lang=EN-CA style="FONT-SIZE: 20pt">TELEF&#212;NICA BRASIL S.A. <BR></FONT></B></FONT><FONT face="Times New Roman"><B><FONT lang=EN-US style="FONT-SIZE: 10pt">(Exact name of registrant as specified in its charter) </FONT></B></FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT face="Times New Roman"><B><FONT lang=PT-BR style="FONT-SIZE: 20pt">TELEFONICA BRAZIL S.A.</FONT></B></FONT><FONT face="Times New Roman"><FONT lang=PT-BR style="FONT-SIZE: 20pt">&nbsp;&nbsp;<BR></FONT></FONT><FONT face="Times New Roman"><B><FONT lang=EN-US style="FONT-SIZE: 10pt">(Translation of registrant&#8217;s name into English)</FONT></B></FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT face="Times New Roman"><FONT face="Times New Roman"><B><FONT lang=PT-BR style="FONT-SIZE: 12pt">Av. Eng&#176; Lu&#237;s Carlos Berrini, 1376 -&nbsp; 28&#186; andar<BR></FONT></B></FONT></FONT><FONT face="Times New Roman"><B><FONT lang=PT-BR style="FONT-SIZE: 12pt">S&#227;o Paulo, S.P. <BR></FONT></B></FONT><FONT face="Times New Roman"><B><FONT lang=EN-US style="FONT-SIZE: 12pt">Federative Republic of Brazil<BR></FONT></B></FONT><FONT face="Times New Roman"><FONT lang=EN-US style="FONT-SIZE: 10pt">(Address of principal executive office)</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): </FONT></P>

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<P style="MARGIN: 0cm 0cm 0pt" align=justify><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): </FONT></P></DIV>

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<IMG alt=image005 src="x16040115453700.gif" width=221 height=52></P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>TELEF&#212;NICA BRASIL S.A.</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>PUBLICLY-HELD COMPANY</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>CNPJ/MF n&#186; 02.558.157/0001-62 &#8211; NIRE 35.3.0015881-4</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal"><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>NOTICE TO THE MARKET</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal"><B><FONT lang=EN-US style="FONT-SIZE: 7.5pt" color=#6d6e71 face=verdana,sans-serif><BR><BR></FONT></B><FONT lang=EN-US style="FONT-SIZE: 7.5pt" color=#6d6e71 face=verdana,sans-serif><BR><BR></FONT><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>Telef&#244;nica Brasil S.A. (&#8220;Company&#8221;) announces to its shareholders and to the market in general the approval, by the Extraordinary Shareholders&#8217; Meeting of the Company held on this date, of the corporate restructuring involving the Company, its wholly-owned subsidiary GVT Participa&#231;&#245;es S.A. a company controlled by the latter, Global Village Telecom S.A. ("Corporate Restructuring"), as previously described in the Material Facts disclosed on September 22, 2015 and March 14, 2016 ("Material Facts").</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal"><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal"><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>As disclosed in the Material Facts, the Corporate Restructuring approved did not result in a capital increase or change in ownership of the Company's shareholders, and, therefore, there is no need to talk about exchange ratio of shares or withdrawal rights.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal"><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif><BR><BR></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>&nbsp;S&#227;o Paulo, April 1, 2016.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>Amos Genish</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>Interim Investor Relations Officer</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>Telef&#244;nica Brasil &#8211; Investor Relations</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>Tel: +55 11 3430 3687</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>Email: </FONT><FONT lang=EN-US style="FONT-SIZE: 11pt; TEXT-DECORATION: none" color=windowtext face=Calibri,sans-serif>ir.br@telefonica.com</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm; LINE-HEIGHT: normal" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt" face=Calibri,sans-serif>www.telefonica.com.br/ir</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">SIGNATURE</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0cm 0cm 10pt; TEXT-INDENT: 18pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></P>

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   <P style="MARGIN: 0cm 0cm 20pt"><B><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">TELEF&#212;NICA BRASIL S.A.</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Date:</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">April 1, 2016</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">By:</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman">/s/ </FONT>Luis Carlos da Costa Plaster</P></TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Name:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="37%">Luis Carlos da Costa Plaster</TD></TR>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Title:</FONT></P></TD>

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   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Investor Relations Director</FONT></P></TD></TR></TABLE></DIV>

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