Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 32

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 32
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 Argentina Sociedad Anónima

Legal address: Av. Corrientes 707, ground floor

City of Buenos Aires

Tax Code No.: 30-67881435-7

| Opinion |

We have audited the financial statements of Telefónica Móviles
de Argentina Sociedad Anónima (the “Company”) which comprise the statements of financial position at December 31,
2024 and 2023, and the statements of income, of comprehensive income, of changes in equity, and of cash flows for the years ended December 31,
2024 and 2023, and the notes to the financial statements, comprising material accounting policy information and other explanatory information.

In our opinion, the accompanying financial statements present fairly,
in all material respects, the financial position of the Company at December 31, 2024 and 2023, and its financial performance, and
its comprehensive income and its cash flows for the fiscal years then ended, in accordance with IFRS Accounting Standards.

| Basis       
 for opinion |

We conducted our audit in accordance with auditing standards in force
in Argentina, as established in Section III.A of Technical Pronouncement No. 37 of the Argentine Federation of Professional
Councils in Economic Sciences (FACPCE). Our responsibilities under those standards are further described in the Auditors’ responsibilities
for the audit of the financial statements section of our report. We are independent of the Company, and we have fulfilled all our ethical
responsibilities in accordance with the requirements set forth by the Code of Ethics of the Professional Council of Economic Sciences
of the Autonomous City of Buenos Aires (CPCECABA) and Technical Pronouncement No. 37 of the FACPCE.

We believe that the audit evidence we have obtained is sufficient
and appropriate to provide a basis for our opinion.

| Responsibilities                                   
 of Board of Directors for the financial statements |

The board of Directors is responsible for the preparation and fair
presentation of the financial statements in accordance with the IFRS Accounting Standards, and for such internal control as the Board
of Directors determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether
due to fraud or error.

In preparing the financial statements, the Board of Directors is responsible
for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern
and using the going concern basis of accounting unless the management either intends to liquidate the Company or to cease operations,
or has no realistic