Utilize the input text as a context reference, choose the right relationship between Telefónica and Vivo from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

These are some of the many initiatives that Vivo performed either on its own or together with the Fundacao Telefónica Vivo, and at helping society navigate towards a more sustainable present and future.

Answer: owner_of