Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 48

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 48
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 less than three months, readily convertible
to cash and exposed to a low risk of changes in value. These items are measured, depending on their nature, at historical cost, amortized
cost or fair value, which does not differ significantly from the realizable value.

k) Employee Benefits

Termination plans are compensation resulting from
agreements between the company and the employees who accept voluntary retirement. These compensations generally consist of an initial
payment, and in some cases, may also include deferred compensation that is settled in monthly installments. These provisions are calculated
individually based on the terms agreed with employees, considering the present value of committed payments at the closing date of each
fiscal year.

l) Pensions and Other Commitments with Employees

The provisions required to recognize liabilities
accrued under defined benefit plans are determined using the “projected unit credit” method. This calculation is based on
demographic and financial assumptions and takes into account the macroeconomic environment. Actuarial assumptions are based on market
interest rates, past experience, and management’s the best estimate of future economic conditions. Changes in these assumptions
may affect future costs and future benefit obligations. Actuarial gains and losses are recognized in the statement of comprehensive income.

m) Revenues and Expenses

TMA’s revenues are derived from the provision
of telecommunications services to customers, mainly from voice and data traffic charges, network usage fees, interconnection, network
and equipment rentals, and other digital services, including value-added services, maintenance services and handset sales. Products and
services can be sold separately or together in commercial packages.

Revenues from calls made on TMA’s networks
(“traffic”) are subject to a variable calling fee, depending on the duration, distance, and type of service. For prepaid services,
unused traffic generates a contractual liability recorded under “Trade and other payables in the statement of financial position.
Prepaid cards and any contractual liability related to prepaid traffic are charged directly to the income statement when the prepaid service
expires, at which point TMA no longer has the obligation to provide the service after the expiration date.

Revenues earned from the sale of traffic and services
offered at a fixed rate for a specified period (“flat rate”) are recognized on a straight-line basis over the period covered
by the service paid for by the customer.

All other services are recognized in the income
statement as the service is provided.

Interconnection revenues from fixed-mobile and
mobile-fixed calls, as well as other services