INVENTORIES

12 Months Ended

Dec. 31, 2025

Classes of current inventories [abstract]

6. INVENTORIES

6.a. Accounting policy

These are evaluated and presented at the lower of average acquisition cost and net realizable value, whichever is lower. These include resale materials such as cellphones, SIM cards, accessories, consumption materials and maintenance. Net realizable value is the estimated selling price in the ordinary course of business, less estimated costs to sell.

Estimated impairment losses are set up for materials and devices considered obsolete or whose carrying amounts are in excess of those usually sold within a reasonable period. Additions and reversals of estimated impairment losses and inventory obsolescence are included in cost of goods sold (Note 26.).

6.b. Breakdown


	12.31.2025	12.31.2024
Materials for resale	1,505,519	1,137,262
Materials for consumption	28,986	27,538
Other inventories	62,890	32,036
Gross inventories	1,597,395	1,196,836
Estimated losses from impairment or obsolescence	(121,397)	(99,598)
Net total	1,475,998	1,097,238