Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 2

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 2
---
’s merger with Compañía
Internacional de Telecomunicaciones S.A., Telefónica Holding de Argentina S.A., and Telefónica Móviles Argentina
Holding S.A. in 2017, and (iii) the absorption of 100% of Telefónica de Argentina S.A. in 2024 (which was dissolved on March 4,
2024).

TMA is one of the largesttelecommunications and data transmission service providers in Argentina in terms of customers. TMA provides
its 19.3 million customers with high-speed fixed and mobile connectivity (Movistar and Tuenti), complemented by a live and on-demand content
platform streaming series, movies, music, and TV shows.

TMA services in Argentina encompass mobile telephony, cable television, internet and fixed telephony. TMA also provides other telephone-related services, such as international long-distance and wholesale services, data transmission and IT solutions outsourcing. Additionally, TMAinstalls, operates and develops cable television and data transmission services.

In 2024, TMA’s revenues
amounted to P$2,511,381 million and its total assets amounted to P$2,243,751 million.

Corporate Structure

The following table shows
TMA’s shareholding structure as of December 31, 2024:

| Shareholder             |     | Number of Shares |                |     | % |             |   |
| TLH HoldCo, S.L.        |     |                  | 86,460,983,849 |     |   |  99.9996259 | % |
| Minority Shareholders   |     |                  |        323,168 |     |   |   0.0003738 | % |
| Shares held in Treasury |     |                  |            261 |     |   |   0.0000003 | % |
| Total                   |     |                  | 86,461,307,278 |     |   | 100.0000000 | % |

Main Products and Services

Prior to the Acquisition,
TMA offered customers a diverse range of services, including:

| · | Mobile Telecommunication Services: Voice communications and high-speed mobile internet, among other                                   
 services, offered under the brand “Movistar”. These services were supported in the different technologies of TMA’s mobile             
 network (4G and 5G). TMA was also engaged in the sale of mobile communication devices (handsets, modems Mi