Company: TCMFF
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001104659-25-110392
Chunk: 27

Company: TELECOM ARGENTINA SA
Filing Date: 2025-11-12
Form: 6-K
Chunk 27
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.0%), did not increase in line with inflation, which reached 31.8% over the last twelve months.

In 9M25, the customer base in Paraguay amounted to 2.7 million customers, increasing an 8% compared to 9M24. This increases mainly due to the migration of customers from the prepaid to the postpaid segment and the acquisition of new customers because of marketing campaigns. Out of the total mobile customers as of September 30, 2025, 71% were prepaid customers and 29% were postpaid customers, whereas as of September 30, 2024, 74% were prepaid customers, and 26% were postpaid customers. The average churn rate per month amounted to 2.3% in 9M25 (compared to a 2.6% average in 9M24).

Internet Services

Internet services revenues amounted to $1,235,080 million in 9M25 (equivalent to 23.2% of total consolidated services revenues), increasing $279,185 million or 29.2% as compared to 9M24. The effect generated by the restatement in constant currency as of September 30, 2025, included in internet services revenues amounted to $87,934 million and $346,932 million in 9M25 and 9M24, respectively.

The increase in internet services revenues in Argentina in 9M25 was mainly due to the consolidation of TMA’s results, which contributed $249,910 million. The customer base for the segment “ICT Services provided in Argentina – TMA Networks” amounted to 1.6 million as of September 30, 2025, representing a 3.5% increase since the acquisition date. Prices remained in line with the accumulated inflation since the acquisition date.

Excluding the impact of the consolidation of TMA, the increase was mainly due to the increase of 1.9% in the ARPU and 2.5% in the customer base.

The ARPU for the segment “ICT Services provided in Argentina – Telecom Networks” reached $25,041.5 in 9M25 as compared to $24,582.9 in 9M24. This increase in ARPU is mainly explained by the price increases for this service. The effect generated by the restatement in constant currency as of September 30, 2025 included in ARPU amounted to $1,656.4 and $8,895