Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 105

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 5
Chunk 105
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   0.1          
Uruguay’s customers (millions)                                   0.1                       0.1   0.1          
ARPU Cable TV in Argentina (in P$/month) (2)                          13,792.3        18,708.5        20,390.7
Fintech Services users (million)                                 4.6                       2.0               —
Argentina’s users (millions)                                     3.6                       2.0               —
Paraguay’s users (millions)                                      1.0                         —               —
(1)Includes lines customers own usage, public telephony, Integrated Services Digital Network (“ISDN”) channels and Fibertel IP lines.

(2)   Includes restatement in current currency as of December 31, 2024, for further information please see “—Years ended December 31, 2024, 2023 and 2022-Consolidated Results of Operations below”
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(3)   Includes P$1,010.6, P$4,473.2 and P$5,437.2 related to the restatement in current currency as of December 31, 2024, for the years ended December 31, 2024, 2023 and 2022, respectively.
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Price of services
The LAD established that licensees of ICT services may freely set their prices provided such prices are fair and reasonable, to offset the costs of operation and to tend to the efficient supply and reasonable margin of operation. However, ENACOM is entitled to observe the prices we set if it understands that they do not comply with the provisions of Section 48 of the LAD. If prices were observed and we are forced to reduce them, our operating margins may be negatively affected.
On August 22, 2020, the PEN issued Decree No. 690/20, which amended the LAD. Decree No. 690/20 declared as “Essential Public Services and of Strategic Competition” the ICT services (which include fixed and mobile telephony, cable television and internet services) and the access to telecommunication networks for and between licensees, and empowered ENACOM to guarantee their accessibility.
In this context, the Company requested a precautionary measure to suspend the application of the aforementioned ENACOM regulations and Decree No. 690/20 which was in force during 2022,