Welcome to our dedicated page for Telecom Argentna news (Ticker: TEO), a resource for investors and traders seeking the latest updates and insights on Telecom Argentna stock.
Telecom Argentina S.A. (TEO) delivers integrated telecommunications services across Argentina and Latin America, combining mobile, broadband, TV, and fixed-line solutions. This news hub provides stakeholders with timely updates on corporate developments shaping one of the region's key connectivity providers.
Access authoritative reporting on earnings announcements, infrastructure investments, regulatory updates, and strategic partnerships. Our curated collection includes press releases detailing network expansions, service innovations like 5G deployments, and operational milestones impacting Argentina's digital landscape.
Key coverage areas include quarterly financial results, technology upgrades, market share analyses, and leadership changes. Investors will find essential updates on capital allocation strategies while analysts can track broadband adoption trends and competitive positioning.
Bookmark this page for streamlined access to verified information about Telecom Argentina's operational and financial trajectory. Check regularly for new developments affecting Latin America's telecommunications sector.
Telecom Argentina (NYSE: TEO) has announced the completion of regulatory filings with ENACOM (Argentine Communications Entity) and CNDC (Argentine Antitrust Commission) regarding its acquisition of Telefónica Móviles Argentina S.A. This follows the initial announcement made on February 24, 2025.
The company, with a market capitalization of US$4,837.2 million as of March 6, 2025, is a leading telecommunications provider in Argentina offering fixed-line telephony, cellular, data transmission, pay TV, and Internet services. The company also operates in Paraguay and Uruguay, providing mobile, broadband, and satellite TV services.
Telecom Argentina (NYSE:TEO) has announced the filing of its 2024 Form 20-F with the U.S. Securities and Exchange Commission (SEC), including audited financial statements under IFRS for the year ended December 31, 2024. The company, with a market cap of US$4,781.2 million as of February 27, 2025, has made these documents accessible through their investor relations website and the SEC webpage.
As a leading telecommunications provider in Argentina, Telecom Argentina offers comprehensive services including fixed-line telephony, cellular, data transmission, pay TV, and Internet services. The company also maintains operations in Paraguay (mobile, broadband, satellite TV) and Uruguay (pay TV). As of December 31, 2024, Telecom Argentina has 2,153,688,011 issued and outstanding shares.
Telecom Argentina (NYSE: TEO) reported its FY24 and Q4 2024 results. The company's consolidated revenues reached P$4,137,596 million in FY24, showing a 7.7% decline in constant currency compared to FY23. However, service revenues showed signs of recovery, with Q4 2024 marking the first quarter of year-over-year growth above inflation at 2.6%.
Key operational highlights include growth in mobile subscribers to 21.6 million (+621,000 vs FY23) and cable TV subscribers reaching 3.2 million (+61,000). The company reported a net income of P$1,033,252 million, primarily driven by gains from foreign exchange differences. CAPEX represented 13.8% of consolidated revenues, with total investments amounting to P$806,649 million.
Notable improvements include a 5G network expansion with 200 new sites, and 4G/LTE coverage reaching 98% of the population. The company's net financial debt decreased by 36.9% in constant currency compared to December 2023, totaling P$2,524,923 million.
Telecom Argentina reported financial results for 9M24, with consolidated revenues of P$2,852,341 million, showing a 10.4% decrease in constant currency compared to 9M23. Service revenues totaled P$2,682,307 million (-9.1% vs 9M23). The company recorded a net income of P$951,912 million, mainly due to exchange rate gains. Mobile subscribers in Argentina increased to 21.4 million (+668 thousand vs 9M23), while cable TV subscribers grew to 3.2 million. Operating margin before D,A&I remained stable at 28.8%. CAPEX represented 13.0% of revenues, with investments amounting to P$538,119 million. Net Financial Debt decreased 37.6% in constant currency to P$2,325,294 million.
Telecom Argentina (NYSE: TEO) announced its 1H24 and 2Q24 results, highlighting key financial metrics and operational performance. Consolidated Revenues for 1H24 were P$1,666,979 million, a decrease of 13.3% compared to 1H23. Service Revenues totaled P$1,572,594 million, down 11.7% year-over-year. The company noted high inflation, impacting performance.
Mobile accesses in Argentina increased to 21.2 million, while broadband and Pay TV subscribers saw slight declines. Operating Income before D, A & I margin improved to 29.7% in 1H24 and 29.1% in 2Q24.
Net income soared to P$859,223 million, driven primarily by exchange rate gains. Investments amounted to P$315,946 million, representing 19% of revenues. Net Financial Debt decreased by 34.2% in real terms to P$2,189,225 million.
Despite a challenging economic environment, there was a noted recovery trend in Service Revenues in 2Q24. The company remains focused on expanding its 4G and 5G networks and improving broadband services.
Telecom Argentina S.A. announced a Net Income of P$675,032 million for the first quarter of fiscal year 2024, with Consolidated Revenues of P$683,916 million. Despite a decrease in service revenues due to lower price increases than inflation, the subscriber base showed growth. Operating costs decreased, resulting in stable Operating Income. The Company recorded a net income increase mainly due to exchange rate gains. Investments in PP&E increased, while net financial debt decreased. Mobile services and internet revenues declined, while cable TV services saw a significant decrease. The Company faces challenges in maintaining revenues amidst intense competition in the market.
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