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SAO PAULO, May 9 (Reuters) - Telefonica Brasil SA reported a 13 percent rise in recurring net income on Tuesday, citing rigorous cost controls and accelerating demand for mobile and data services despite a sluggish economic recovery.
Excluding one-time revenue from tower sales a year earlier, profit at the Brazilian division of Spain's Telefonica SA rose in the first quarter to 996 million reais ($313 million), according to a securities filing. Including last year's tower sales, net income fell 18 percent. (Reporting by Brad Haynes; Editing by Dan Grebler)