Company: TCMFF
Filing Date: 2025-08-12
Form Type: 6-K
Source: 0001104659-25-076939
Chunk: 58

Company: TELECOM ARGENTINA SA
Filing Date: 2025-08-12
Form: 6-K
Chunk 58
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 and intangible assets
amounted to $470,631 million (equivalent to 24.6% of consolidated revenues) and operating loss amounted to $57,399 million (equivalent
to 3.0% of consolidated revenue in 2Q25 compared to (3.6) % in 2Q24).

Services revenues amounted to $1,798,213 million
in 2Q25 -equivalent to 94.1% of consolidated revenues, and equipment revenues amounted to $113,465 million in 2Q25 –equivalent
to 5.9% of consolidated revenues.

Mobile services revenues amounted to $947,429
million in 2Q25 –equivalent to 52.7% of consolidated services revenues– which were mainly generated by customers in Argentina.

Internet services revenues amounted to $402,750
million in 2Q25 –equivalent to 22.4% of consolidated services revenues.

Cable television services revenues amounted to
$203,643 million in 2Q25 –equivalent to 11.3% of consolidated service revenues– and they are mainly composed of services
revenues provided in Argentina and Uruguay.

Finally, Fixed and data services revenues amounted
to $230,482 million in 2Q25 –equivalent to 12.8% of consolidated service revenues.

Operating costs without depreciation, amortization
and impairment of fixed and intangible assets amounted to $1,383,648 million in 2Q25, being the main components, employee benefit expenses
and severance payments (amounted to $499,245 million); fees for services, maintenance, materials and supplies (amounted to $242,729 million);
taxes and fees with the Regulatory Authority (amounted to $168,378 million); commissions and advertising (amounted to $107,140 million)
and Other operating costs (amounted to $104,985 million).

Financial results, net amounted to $322,390 million in 2Q25, mainly due to net foreign exchange gains, measured in real terms, amounting to $222,772 million, interests on borrowings amounting to $78,869 million, other taxes and bank expenses amounting to $32,632 million, the fair value
losses on financial assets at fair value through profit or loss of $28,647 million, losses from remeasurement in borrowings amounting
to $4,769 million, and other financial results amounting to $20