Company: TCMFF
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001104659-25-018326
Chunk: 2

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 2
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venues. |

| · | Net Financial Debt totaled P$2,524,923 million as of December 31, 2024, decreasing in real terms (-36.9% in constant currency vs. December 31, 2023). |

*Market capitalization as of February 26, 2025

**Unaudited non-financial information

| TELECOM ARGENTINA | 1 |

*(Figures may not add up due to rounding)

** (in constant currency - includes right-of-use assets for P$237,298 million as of December 31, 2024 and for P$186,447 million as of December 31, 2023)

*** (Includes IP telephony lines, which amounted to approximately 1.86 million and 1.52 million as of December 31, 2024, and December 31, 2023, respectively) – Not included in ARPU calculations.

| 1- Consolidated Revenues      
 (in million P$)               | 3- Operating Income before D, A & I (EBITDA) 
 (in million P$)                              |
| 2- Quarterly Service Revenues 
 (in million P$)               | 4- Net Income (Loss)                         
 (in million P$)                              |

| TELECOM ARGENTINA | 2 |

Buenos Aires, February 27, 2025 - Telecom Argentina S.A. (“Telecom Argentina”, “Telecom” or the “Company”) - (NYSE: TEO; BYMA: TECO2), announced today a Net Income of P$1,033,252 million for the annual period ended December 31, 2024, mainly explained by gains from exchange rate differences in real terms, which are included in the Financial Results. The Net Income attributable to the controlling company was P$1,012,404 million.

Comparative figures for the previous
fiscal year have been restated by inflation so that the resulting information is presented in terms of the current measurement unit as
of December 31, 2024.

The following table shows the evolution
of the national consumer price index (National CPI - according to INDEC’s official statistics) for the last three fiscal years ended
December 31, 2022, 2023 and 2024:

|        | As of December 31, 
 2022               | As of December 31, 
 2023               | As of December 31