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):

TELEFÔNICA BRASIL S.A.

Publicly-held Company

CNPJ/MF 02.558.157/0001-62 – NIRE 35.3.0015881-4

Regular and Special Shareholders’ Meeting

CALL NOTICE

The Shareholders of Telefônica Brasil S.A. (Company) are hereby called to the Regular and Special Shareholders’ Meetings to be held at 11:00 a.m. on April 09^th, 2015, at the head office, at Avenida Eng. Luiz Carlos Berrini, 1376, 20^th floor, auditorium, Cidade Monções neighborhood, in the Capital of the State of São Paulo, to resolve about the following agenda:

At the Regular Shareholders’ Meeting:

1.     To examine the management’s accounts, analyze, discuss and vote on the Company´s Management Report, Financial Statements, alongside with the Independent Auditors and Audit Committee’s Reports related to the fiscal year ended on December 31, 2014;

2.     To resolve on the destination of the results of the fiscal year ended on December 31, 2014.

3.     To elect the members of the Audit Committee for a new tenure.

At the Special Shareholders´ Meeting

1.     To determine the remuneration for managers and members of the Audit Committee.

GENERAL INSTRUCTIONS:

(i)  In accordance with Article 12 of the Bylaws, may only participate and vote at the Shareholders’ Meeting, the shareholders whose shares are registered in their name in the proper book, up to 72 (seventy two) hours before the date appointed for the respective Assemblies.

(ii) In order to confer more celerity and efficiency to the work of the Shareholders’ Meeting, according to the paragraph 2nd, article 12 of the Company’s Bylaws, the corresponding powers-of-attorney for the Shareholders’ Meeting must be filed at Avenida Eng. Luiz Carlos Berrini, 1376, 28^th floor, Cidade Monções neighborhood, in the Capital of the State of São Paulo (addressed to Investor Relations Officer, telephone +55 11 3430.3687), on business days, from Monday to Friday, between 9:00 a.m. and 6:00 p.m. and until 11:00 a.m. on April 07^th, 2015. Such powers-of-attorney must have special authorities and be accompanied by certified copies of the Bylaws and by the corporate acts that prove the power of the corporate entity, as well identity card and CPF of legal representatives, and investment funds also shall submit, a certified copy of its regulation and of the bylaws and corporate acts that prove the power of the representative of the respective administrator. The documents drawn up abroad in a foreign language should be notarized, consularized, translated to Portuguese and its translations recorded in the Registry of Deeds and Documents.

(iii) Individuals Shareholders must present an identity card and CPF.

(iv) The shareholders participating in the Stock Exchange Custody Program for Nominal Shares shall submit an abstract with the respective shareholder stake, issued by the custodian body as of April 07^th, 2015, including.

(v) The documents listed in Article 133 of the Corporations Law were published in Valor Econômico and Diário Oficial do Estado de São Paulo, in February 25^th, 2015, and are available to shareholders, together with the other documents on the agenda, at the Company’s head office, and may also be found on the websites of the Brazilian Securities Commission - CVM (www.cvm.gov.br), BM&F Bovespa S.A. – Bolsa de Valores, Mercadorias e Futuros (www.bmfbovespa.com.br) and the Company's website (www.telefonica.com.br/ir) since March 10^th, 2015, in accordance with the provisions of the Corporations Law and CVM Instruction no. 481/2009 .

São Paulo, March 10^th, 2015.

Antonio Carlos Valente da Silva

Chairman of the Board of Directors

SIGNATURE

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.