<SEC-DOCUMENT>0001292814-20-002105.txt : 20200604
<SEC-HEADER>0001292814-20-002105.hdr.sgml : 20200604
<ACCEPTANCE-DATETIME>20200603174042
ACCESSION NUMBER:		0001292814-20-002105
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200630
FILED AS OF DATE:		20200604
DATE AS OF CHANGE:		20200603

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:		20941096

	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>viv20200603_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>

<HTML>
<HEAD>
   <TITLE>viv20200603_6k.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">



<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></DIV>

<DIV style="BORDER-TOP: windowtext 4.5pt double; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 1pt; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></DIV>

<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>

<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>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

<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 June, 2020</FONT></B></P>

<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>

<HR align=center color=#000000 width="15%">

<FONT lang=PT-BR><BR clear=all></FONT>

<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>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center>&nbsp;</P>

<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>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center>&nbsp;</P>

<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>

<HR align=center color=#000000 width="15%">

<FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman">&nbsp;</FONT><FONT lang=PT-BR><BR clear=all></FONT>

<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>

<DIV align=center>

<DIV align=center>

<TABLE style="WIDTH: 30%; MARGIN-LEFT: 55pt" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid" vAlign=top width="30%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Form 20-F</FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid" vAlign=top width="10%">

   <DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

   <P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">X</FONT></P></DIV></TD>

   <TD vAlign=top width="20%">

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

   <TD style="BORDER-RIGHT: windowtext 1pt solid" vAlign=top width="30%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">Form 40-F</FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid" vAlign=top width="10%">

   <DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

   <P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">&nbsp; </FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></DIV>

<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>

<DIV align=center>

<DIV align=center>

<TABLE style="WIDTH: 30%; MARGIN-LEFT: 55pt" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid" vAlign=top width="30%">

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

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid" vAlign=top width="10%">

   <DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

   <P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></DIV></TD>

   <TD vAlign=top width="20%">

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

   <TD style="BORDER-RIGHT: windowtext 1pt solid" vAlign=top width="30%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">No</FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid" vAlign=top width="10%">

   <DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

   <P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">X&nbsp; </FONT></P></DIV></TD></TR></TABLE></DIV>

<DIV align=center>&nbsp;</DIV>

<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>

<DIV align=center>

<TABLE style="WIDTH: 30%; MARGIN-LEFT: 55pt" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="BORDER-RIGHT: windowtext 1pt solid" vAlign=top width="30%">

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

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid" vAlign=top width="10%">

   <DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

   <P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></DIV></TD>

   <TD vAlign=top width="20%">

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

   <TD style="BORDER-RIGHT: windowtext 1pt solid" vAlign=top width="30%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">No</FONT></P></TD>

   <TD style="BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; BORDER-BOTTOM: windowtext 1pt solid" vAlign=top width="10%">

   <DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

   <P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">X&nbsp; </FONT></P></DIV></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

<DIV style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: windowtext 4.5pt double; PADDING-BOTTOM: 1pt; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; PADDING-RIGHT: 0cm">

<P style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; BORDER-BOTTOM: medium none; PADDING-BOTTOM: 0cm; TEXT-ALIGN: center; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; BORDER-LEFT: medium none; MARGIN: 0cm 0cm 0pt; PADDING-RIGHT: 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></DIV>

<DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></DIV>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name="page_1"></A>

<a name="_bclPageBorder1"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader1"></a><DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>
<IMG src="logo01.jpg" width=277 height=98></P>

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

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

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.45pt 0pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" 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: 6pt 2.45pt 6pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 6pt 2.45pt 6pt 0in" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>NOTICE TO THE MARKET</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 6pt 2.55pt 6pt 0in" align=center><B><FONT lang=EN-US style="FONT-SIZE: 10pt; LINE-HEIGHT: normal" face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt" color=black face=Calibri,sans-serif>Approval of Network Infrastructure Sharing Agreement between Telef&#244;nica Brasil (VIVO) &amp; TIM</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 6pt 59.1pt 6pt 42.55pt" align=center><B><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" color=black face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT lang=EN-US style="FONT-SIZE: 11pt" color=black face=Calibri,sans-serif>Telef&#244;nica Brasil S.A. (&#8220;Company or VIVO&#8221;) (B3: VIVT3 / VIVT4; NYSE: VIV), pursuant to Article 157 of Law 6,404 and the provisions of CVM Instruction 358, communicate to its shareholders, to the market in general and other interested parties what follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT lang=EN-US style="FONT-SIZE: 11pt" color=black face=Calibri,sans-serif>In continuity with the Notice to the Market of December 19, 2019, the Company and TIM S.A., wholly-owned subsidiary of TIM Participa&#231;&#245;es S.A., jointly referred to as &#8220;Companies&#8221;, inform that, on April 30, 2020 obtained the approval of the National Telecommunications Agency - ANATEL and, on June 3, 2020, obtained the approval of the Administrative Council for Economic Defense &#8211; CADE, for the execution of two onerous transfer contracts aimed at sharing 2G, 3G and 4G mobile network infrastructure.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 6pt 0in"><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: 115%" color=black face=Calibri,sans-serif>These initiatives reinforce the process of evolution of the Brazilian telecommunications market in terms of network infrastructure sharing, benefiting customers by improving the usage experience with an increase of the traffic capacity, as well as an expanding the offer, with the entry of one operator in cities where the other is not present. In addition, there are opportunities for operational and financial efficiency for the Companies, optimizing their assets and resources.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT lang=EN-US style="FONT-SIZE: 11pt" color=black face=Calibri,sans-serif>The Companies reiterate that they will preserve their commercial and customer management autonomy, regardless of this network infrastructure sharing agreement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 6pt 0in"><FONT lang=EN-US style="FONT-SIZE: 9pt" color=black face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 6pt 2.45pt 6pt 0in" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>S&#227;o Paulo, June 3, 2020.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 6pt 2.45pt 6pt 0in"><B><FONT lang=PT-BR style="FONT-SIZE: 7.5pt; LINE-HEIGHT: normal" color=#6d6e71 face=verdana,sans-serif><BR><BR></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><B><FONT lang=PT-BR style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>David Melcon Sanchez-Friera</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>CFO and Investor Relations Officer </FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 7pt; LINE-HEIGHT: normal" face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><FONT lang=EN-US style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>Telef&#244;nica Brasil &#8211; Investor Relations</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>Phone: +55 11 3430 3687</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>Email: </FONT><FONT lang=PT-BR style="FONT-SIZE: 11pt; TEXT-DECORATION: none; LINE-HEIGHT: normal" color=windowtext face=Calibri,sans-serif>ir.br@telefonica.com</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 2.55pt 0pt 0in" align=center><FONT lang=PT-BR style="FONT-SIZE: 11pt; LINE-HEIGHT: normal" face=Calibri,sans-serif>www.telefonica.com.br/ir</FONT></P></DIV>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<HR align=left color=#000000 SIZE=2 noShade>



<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>

<P style="MARGIN: 0cm 0cm 10pt; TEXT-INDENT: 18pt"><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

<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>

<P style="MARGIN: 0cm 0cm 10pt; TEXT-INDENT: 18pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="BORDER-TOP: medium none; BORDER-RIGHT: medium none; WIDTH: 100%; BORDER-BOTTOM: medium none; BORDER-LEFT: medium none" cellSpacing=0 cellPadding=0 border=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="35%" colSpan=2>

   <P style="MARGIN: 0cm 0cm 20pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

   <P style="MARGIN: 0cm 0cm 20pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="55%" colSpan=3>

   <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>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="7%">

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

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="28%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT lang=EN-US style="FONT-SIZE: 12pt" face="Times New Roman">June 3, 2020</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

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

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

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

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="45%" colSpan=2>

   <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>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="7%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 5.75pt" vAlign=top width="28%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 5.75pt" vAlign=top width="8%">

   <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>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="7%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 5.75pt" vAlign=top width="28%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="10%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 0cm; PADDING-RIGHT: 5.75pt" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0cm; PADDING-TOP: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt" vAlign=top width="37%">

   <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>

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

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

<DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT lang=EN-US style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<P style="TEXT-ALIGN: center; MARGIN: 0cm 2.45pt 0pt 0cm" align=center><FONT lang=EN-US style="FONT-SIZE: 12pt; LINE-HEIGHT: normal" face=Calibri,sans-serif></FONT>&nbsp;</P>

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

<DIV></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>logo01.jpg
<TEXT>
begin 644 logo01.jpg
M_]C_X  02D9)1@ ! 0$ > !X  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" !B 14# 2(  A$! Q$!_\0
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M/SY^BUF^(=<3Q=XY$UY)(-/\X11JBEF$(/\ "HZEN3]33Y?LD<^\NYV1.O\
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M:U\&:;%:1D6EI,J-CHJA"JY_SWK-^'7C72?#WA*:UN7DDOS<N\=K%&6>7(7
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
+!1110 4444 ?_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
