1. Argentina Stocks

  2. •

    Communications

  3. •

    Major telecommunications
Telecom Argentina SA Class B

Telecom Argentina SA Class B

4,145.00
ARS
-130.00
(-3.04%)
353.02EPS
11.94P/E
8.71TMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
27.87
34.4
41.78
62.33
56.62
163.42
226.15
411.74
1,198.43
2,295.98
2,738.84
2,527.29
3,867.23
4,498.07
Basic EPS, GAAP
3.27
3.79
3.51
10.79
8.27
5.15
-4.19
-7.8
24.4
-654.4
-342.81
618.39
-78.94
338.77
Free Cash Flow per Basic Share
2.84
-3.49
-1.96
6.76
2.46
-0.16
29.71
62.24
151.84
288.26
205.09
254.88
415.67
547.82
Dividend per Share
1
1.34
0.88
3.1
2.22
33.09
33.9
0.5
- -
- -
- -
- -
9.42
9.42
Book Value per Share
12.16
14.88
17.74
19.95
29.92
161.21
192.85
268.04
489.59
1,151.45
2,191.98
3,313.62
3,187.03
4,100.05
Tangible Book Value per Share
10.59
9.38
9.84
12.12
9.72
32.7
23.63
18.59
16.36
67.63
-285.63
95.24
-116.85
285.17
Basic Weighted Avg Shares
979
969
969
969
1,811
2,154
2,154
2,154
2,154
2,154
2,154
2,154
2,154
2,154
Sales/Revenue/Turnover
27,287
33,341
40,496
60,405
102,531
351,948
487,067
886,765
2,581,043
4,944,819
5,898,611
5,442,958
8,328,814
9,687,480
Operating Margin (%)
33.84
34.66
35.27
37.96
39.21
32.72
29.13
10.35
2.05
-0.52
-2.71
-0.74
10.34
16.05
Depreciation Expense
2,873
3,243
4,438
7,883
15,082
69,157
120,675
241,741
814,484
1,689,811
2,017,138
1,726,512
2,048,480
2,080,960
Net Income, GAAP
3,202
3,673
3,403
10,457
14,969
11,089
-9,034
-16,803
52,559
-1,409,383
-738,306
1,331,805
-170,006
729,618
Effective Tax Rate (%)
35.51
34.53
33
36.32
35.88
- -
137.81
262.19
77.02
- -
- -
28.37
- -
31.41
Profit Margin (%)
11.73
11.02
8.4
17.31
14.6
3.15
-1.85
-1.89
2.04
-28.5
-12.52
24.47
-2.04
7.53
Working Capital
701
-2,704
-5,422
-949
-7,995
-30,703
-47,927
-79,678
-195,636
-545,993
-1,360,017
-1,583,257
-2,004,488
-1,535,668
LT Debt
220
254
1,449
8,646
14,626
91,177
163,877
249,888
418,489
1,104,011
3,539,804
2,557,716
4,059,337
4,758,197
Total Equity
12,051
14,769
17,610
19,878
55,028
352,150
421,827
586,944
1,071,114
2,530,351
4,889,729
7,280,927
6,983,308
8,926,442
Return on Invested Capital (%)
23.66
24.16
21.03
27.64
26.58
- -
-2.19
-12.48
-0.3
- -
- -
-1.3
- -
4.71
Return on Capital (%)
28.52
27.26
20.57
42.31
30.76
- -
-3.36
-12.35
5.44
- -
- -
13.87
- -
8.67
Return on Common Equity (%)
29.45
28.04
21.53
57.25
40.72
5.53
-2.37
-3.39
6.44
-79.75
-20.51
22.46
-2.43
9.69

Capital Structure

ARS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,766,361
1,453,482
1,255,990
LT Borrowings
3,820,071
4,185,143
4,495,565
LT Finance Leases
239,266
251,779
262,632
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,154
2,154
2,154
Market Capitalization
7,597,134
7,387,150
8,711,668

Working Capital

ARS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,833,812
2,175,050
2,095,893
Cash, Cash Equivalents & STI
771,661
1,069,765
956,689
Accounts Receivable, Net
799,188
797,814
813,280
Inventories
79,530
67,930
87,741
Total Current Liabilities
3,838,300
3,743,164
3,631,561
Payables & Accruals
1,836,973
2,084,150
2,200,211
ST Debt
1,766,361
1,453,482
1,255,990
Deferred Revenue
62,064
- -
- -

Growth Rates

ARS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
114.54%
71.36%
-4.09%
Free Cash Flow
-1,915.46%
58.46%
63.08%
Net Income, GAAP
-350.61%
-727.02%
-112.77%
Sales/Revenue/Turnover
82.98%
69.45%
53.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

ARS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,066,430
1,193,554
1,295,358
1,285,255
5,442,958
2025
1,806,103
2,549,353
2,065,211
2,706,253
8,328,814
2026
2,357,686
2,558,330
- -
- -
- -

Quarterly Earnings Per Share

ARS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
486.73
35.35
-10.01
34.25
618.39
2025
54.84
-110.5
-93.03
55.32
-78.94
2026
295.62
80.86
- -
- -
- -

Quarterly Dividends Per Share

ARS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
9.42
9.42
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Roberto Daniel Nóbile
Full Time Employees
18,690
Sector
Communications
Industry
Major telecommunications
Address
General Hornos 690 Buenos Aires BA Argentina C1272ACK
IPO Date
Mar 24, 1992
Website
telecom.com.ar
Similar Companies
Turk Telekomunikasyon A.S. (BIST:TTKOM)
Telecom Egypt (EGX:ETEL)
Lumen Technologies, Inc. (NYSE:LUMN)
Deutsche Telekom AG (XETR:DTE)
Tata Communications Limited (NSE:TATACOMM)
Rostelecom (MOEX:RTKM)
Business
Telecom Argentina S.A. Telecom Argentina S.A. provides telecommunications services to residential, small, medium, and large businesses in Argentina, Paraguay, and Uruguay; its core offerings include fixed-line and mobile telephony, high-speed broadband internet via fiber and cable modem services such as Arnet-Fibertel, pay-TV and entertainment platforms under the Flow brand featuring customizable packs with HBO, Disney+ Premium, Universal+, and sports content, as well as corporate solutions encompassing dedicated data lines, network colocation, videoconferencing, and emerging digital services powered by AI. Founded in 1990 through the privatization of the state-owned Empresa Nacional de Telecomunicaciones and headquartered at Alicia Moreau de Justo 50 in Buenos Aires, Argentina, the company operates under brands like Personal for mobile services and leads the market with approximately 22.5 million wireless subscribers, over 4 million fixed-line users, and expanded broadband and TV penetration following significant infrastructure investments exceeding $7 billion since 2017. In early 2025, Telecom Argentina S.A. completed its $1.245 billion acquisition of Telefónica's Argentine operations on February 24, consolidating 58% of the mobile market, 46% of broadband, and 38% of pay-TV while awaiting final regulatory approvals; this transformative deal enhances fiber-to-the-home and 5G rollout nationwide, boosts network capacity in southern provinces, and supports new investments up to $2 billion in 2025 including its largest-ever bond issuance to fund digital transformation and AI-driven enterprise solutions.