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. (NYSE: TEO; BYMA: TECO2) regularly publishes detailed financial and operational updates that are reflected in its news flow. Investors following TEO news can see consolidated results for quarterly, half-year and nine-month periods, prepared under International Financial Reporting Standards (IFRS) with inflation-adjusted figures in accordance with IAS 29. These releases cover revenue performance, operating income before depreciation, amortization and impairment of fixed assets, net income or loss, capital expenditures and net financial debt.
Company news also highlights the evolution of Telecom Argentina’s core businesses. Updates describe trends in mobile services, including subscriber counts in Argentina and Paraguay, the share of prepaid and postpaid customers, machine-to-machine (M2M) connections and the contribution of mobile internet to service revenues. Broadband Internet and cable TV developments are reported through subscriber growth, ARPU in constant currency and the share of high-speed connections. The impact of the consolidation of Telefónica Móviles Argentina S.A. (TMA) on mobile, broadband and pay TV metrics is a recurring topic in recent releases.
Regulatory and corporate actions feature prominently in Telecom Argentina’s news. The company discloses filings with ENACOM and the CNDC related to acquisitions, summaries of shareholders’ meeting resolutions, loan agreements and disbursements from international lenders, and decisions on dividend distributions and reserve withdrawals. Legal developments, such as court decisions in consumer cases, are also communicated through official notices.
This news page aggregates these announcements so readers can review Telecom Argentina’s financial performance, strategic transactions, regulatory communications and capital structure decisions in one place. For investors and analysts tracking TEO, the news feed provides context on how the company’s mobile, broadband, pay TV and fixed services businesses evolve over time.
Telecom Argentina reported a net loss of P$5,104 million for FY20, a 3.6% improvement from FY19. Consolidated revenues fell to P$301,596 million, reflecting a 6.5% decline. Service revenues decreased by 6.3% in real terms, with mobile subscribers down to 18.4 million. Operating income before depreciation and amortization decreased 2.0% to P$102,888 million. Investments dropped by 30.8% to P$66,750 million, comprising 22.1% of consolidated revenues. The company also announced a pricing increase of 20% effective January 2021, following a court ruling that suspended prior price regulations.
Telecom Argentina (TEO) reported a Net Loss of P$1,249 million for 9M20, a 92.8% improvement year-over-year. Consolidated Revenues were P$208,220 million, down 4.6% from 9M19, driven by a 3.6% decline in Service Revenues to P$197,044 million. The subscriber base saw a slight drop in mobile clients, totaling 18.7 million, while cable TV subscribers rose by 2.0% to 3.6 million. Operating Income before Depreciation and Amortization increased by 2.4%, reaching P$74,455 million. Net Financial Debt decreased 8.0% to P$132,450 million.
Telecom Argentina reported a Net Income of P$1,961 million for 1H20, marking a 79.6% decline compared to 1H19, primarily due to foreign exchange losses.
The Consolidated Revenues stood at P$131,158 million, a 3.0% drop year-over-year, while Operating Income before D&A improved by 5.3% to P$47,852 million. Investments decreased by 33.9% to P$22,766 million, representing 17.4% of revenues.
Mobile subscribers slightly decreased to 18.8 million, but broadband accesses grew slightly. Financial Debt increased by 21.9% to P$131,032 million.