Business
Telecom Argentina S.A. Announces Consolidated Results for the First Quarter of Fiscal Year 2026 ("1Q26")(2)
Market Cap (NYSE: TEO): US$ 5,091.3 million1 Note: 1Q26 figures include the effects of the adoption of inflationary accounting in accordance with IAS 29. Therefore, comments regarding 1Q26 results and changes in 1Q25 results mentioned in this press ...
About this update from Telecom Argentina Sa Class B
[{"type":"text","content":"Market Cap (NYSE: TEO): US$ 5,091.3 million1","length":44,"tagName":"p"},{"type":"text","content":"Note: 1Q26 figures include the effects of the adoption of inflationary accounting in accordance with IAS 29. Therefore, comments regarding 1Q26 results and changes in 1Q25 results mentioned in this press release correspond to "restated for inflation" or "constant" figures.","length":293,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"For analysis purposes, it is important to highlight that the comparative results (March 2025) reflect the year-over-year effect of inflation through March 2026, which reached 32.6%. Additionally, the consolidated results for 1Q26 include the full contribution of TMA, whereas in the comparative period, 1Q25, TMA's contribution to the consolidated figures accounted for only one month.","length":389,"tagName":"p"}]},{"val":[{"type":"text","content":"During 1Q26, consolidated revenues reached P$2,357,686 million. Service revenues totaled P$2,275,239 million in 1Q26, with the following performance:","length":149,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Telecom (excluding TMA)³: +1.6% vs. 1Q25.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"TMA: -1.3% vs. 1Q25. Telecom does not determine TMA's commercial or pricing policy.","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Consolidated: +33.6% vs. 1Q25, including 3 months of TMA revenues versus only one month in the comparative 1Q25 period.","length":119,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":247,"olType":false}]},{"val":[{"type":"text","content":"During 1Q26, the evolution of the customer base in Argentina was as follows:","length":76,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Telecom (excluding TMA): Total mobile accesses declined by 8.9%, reaching 19.4 million. This decrease is largely explained by disconnections of prepaid lines most of them with no recorded traffic, with no impact on mobile service revenues. Meanwhile, the fixed segment recorded increases in the number of accesses: pay TV accesses totaled 3.3 million in the same period (+148 thousand or +4.7% vs. 1Q25), while the fixed broadband segment recorded a 3.3% increase, totaling 4.2 million accesses (+135 thousand vs. 1Q25).","le...