Company: TCMFF
Filing Date: 2025-08-12
Form Type: 6-K
Source: 0001104659-25-076939
Chunk: 4

Company: TELECOM ARGENTINA SA
Filing Date: 2025-08-12
Form: 6-K
Chunk 4
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187,416 |
| Non-controlling interest                                                                           |      |              3,846 |     5,934 |     |            8,238 |    10,514 |
|                                                                                                    |      |           -174,361 |    82,068 |     |          -75,554 | 1,197,930 |
| Earnings (losses) per share for income attributable to the Controlling Company - Basic and diluted |  1.c |              -82.7 |      35.4 |     |            -38.9 |     551.3 |

The accompanying notes are an integral part of these unaudited condensed
consolidated financial statements.

See Note 13 for additional information on operating expenses per function.

<div align='center'>F-4

TELECOM ARGENTINA S.A.</div>

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In millions of Argentine pesos in current currency - Note 1.d)

|                                                            | Three month period 
              ended |         |     | Six month period 
            ended |           |
|:-----------------------------------------------------------|-------------------:|--------:|:----|-----------------:|----------:|
|                                                            |           June 30, |         |     |         June 30, |           |
|                                                            |               2025 |    2024 |     |             2025 |      2024 |
| Net income (loss) for the period                           |           -174,361 |  82,068 |     |          -75,554 | 1,197,930 |
| Other comprehensive income (loss)                          |                    |         |     |                  |           |
| Items that may be reclassified to profit or loss           |                    |         |     |                  |           |
| Currency translation adjustments (no effect on Income Tax) |             27,539 | -53,771 |     |           16,684 |  -225,969 |
| DFI effects classified as hedges                           |                  - |     241 |     |                - |     1,394 |
| Gains of investment at fair value                          |             -3,398 |       - |     |              889 |         - |
| Income Tax effects                                         |              1,189 |     -47 |     |             -311 |      -488 |
| Other comprehensive income (loss), net of tax              |             25,