Company: TCMFF
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001104659-25-047837
Chunk: 31

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 31
---
 the customer base in Paraguay amounted
to 2.6 million customers, increasing a 11.7% compared to 3M24. Out of the total mobile customers as of March 31, 2025, 73% were prepaid
customers and 27% were postpaid customers, whereas as of March 31, 2024, 75% were prepaid customers, and 25% were postpaid customers.
The average churn rate per month amounted to 2.1% in 3M25 (compared to a 2.6% average in 3M24).

Internet Services

Internet services revenues amounted to $322,420
million in 3M25 (equivalent to 25.1% of total consolidated services revenues), increasing $59,623 million or 22.7% as compared to 3M24.
The effect generated by the restatement in current currency as of March 31, 2025 included in internet services revenues amounted to $9,277
million and $110,820 million in 3M25 and 3M24, respectively.

The increase in internet services revenues in Argentina
in 3M25 was mainly due to the consolidation of TMA as of March 31, 2025, which contributed $33,073 million. Excluding the impact of the
consolidation of TMA, the increase was mainly due to the increase in the ARPU, while the customer base decreased 1.1%.

The ARPU for the segment “ICT Services provided in Argentina – Telecom Networks” reached $22,538.2 in 3M25 as compared to $19,854.9 in 3M24. This increase in ARPU is mainly explained by the fact that, we granted fewer discounts to customers for this service. The
effect generated by the restatement in current currency as of March 31, 2025 included in ARPU amounted to $722 and $8,296 as of March
31, 2025 and 2024, respectively).

The customer base for the segment “ICT Services provided in Argentina – Telecom Networks” decreased amounting to 4.0 million customers in 3M25(a 1,1% decrease compared to 3M24). The churn rate per month amounted to 1.2% and 1.3% in 3M25 and 3M24, respectively.

ARPU of Internet Services in Argentina -Segment “ICT Services provided in