Welcome to our dedicated page for Telecom Argentina Sa news (Ticker: TCMFF), a resource for investors and traders seeking the latest updates and insights on Telecom Argentina Sa stock.
Telecom Argentina S.A. reports consolidated results and operating metrics for its Argentine communications business. Its updates focus on mobile service revenue, mobile internet revenue mix, average monthly revenue per user, and mobile churn. Company releases also describe financial statements prepared with inflation adjustment under CNV rules and IAS 29, reflecting Argentina's high-inflation accounting environment. Recurring coverage centers on service revenue trends, customer metrics, operating performance, and regulatory financial reporting.
Telecom Argentina reported a net loss of P$163,498 million for the first nine months of 2022, significantly down from a profit of P$1,876 million in 2021. Consolidated revenues decreased by 12.2% to P$470,960 million, with service revenues at P$440,369 million.
Key metrics included a decrease in operating income before D&A by 22.6% and a goodwill impairment of P$207,940 million due to market conditions.
Mobile clients increased by 0.5 million, while broadband accesses fell by 30,000. Investments totaled P$85,664 million, equating to 18.2% of consolidated revenues.