Company: TCMFF
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001104659-25-018326
Chunk: 6

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 6
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Fixed Telephony and Data Services

Revenues from fixed telephony and data services reached P$501,206 million in FY24 (-P$30,157 million or -5.7% vs. FY23). Within this segment, fixed telephony service revenue declined by 19%, while data service revenue grew by 4%, both in real terms. In 4Q24, fixed telephony and data services revenues were P$114,827 million (-8.9% vs. 4Q23)

The monthly fixed voice ARPU (restated in constant currency as of December 31, 2024) reached P$9,053.4 in FY24 (vs. P$9,157.2 in FY23). The effect generated by the restatement in terms of the measuring unit as of December 31, 2024, included in the ARPU amounted to P$1,736.6 and P$7,068.9 for FY24 and FY23, respectively.

The customer base reached 2.7 million in FY24, of which 1.9 million were IP telephony customers.

Other Service Revenues

Other service revenues, including primarily fintech-related services, billing and collection management revenue on behalf of third parties, administrative revenue, and advertising space sales revenue, among others, reached P$46,369 million (+P$4,776 million or +11.5% compared to FY23). In 4Q24, other service revenues were P$13,525 million (+7.6% vs. 4Q23).

The main variation was driven by the increase in fintech services in Argentina, mainly due to the growth in platform usage of Personal Pay and the expansion of its user base, which reached 3.6 million in FY24, compared to 2.0 million in FY23.

Revenues from equipment sales

Equipment revenues reached P$253,538 million (-P$80,008 million or -24.0% vs. FY23). This variation is mainly due to a 14% decrease in the quantity of handsets sold compared to FY23. In 4Q24, equipment sales were P$69,854 million (-14.2% vs. 4Q23).

<div align='center'>Pay TV Service Revenues
(in billion P$)

Fixed Telephony and Data
Services Revenues (in
billion P$)</div>

| TELECOM ARGENTINA | 5 |

Consolidated Operating