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

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 6
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will                                                                                                              | F-16 |
| Note 4 – PP&E                                                                                                                  | F-16 |
| Note 5 – Intangible assets                                                                                                     | F-16 |
| Note 6 – Right of use assets                                                                                                   | F-17 |
| Note 7 – Borrowings                                                                                                            | F-17 |
| Note 8 – Income tax and Deferred income tax assets/liabilities                                                                 | F-18 |
| Note 9 – Provisions and allowances                                                                                             | F-19 |
| Note 10 – Additional information of financial assets and liabilities                                                           | F-20 |
| Note 11 – Purchase commitments                                                                                                 | F-22 |
| Note 12 – Revenues                                                                                                             | F-23 |
| Note 13 – Operating expenses                                                                                                   | F-23 |
| Note 14 – Financial results                                                                                                    | F-24 |
| Note 15 – Balances and transactions with Related parties                                                                       | F-24 |
| Note 16 – Recent developments corresponding to the three-month period ended March 31, 2025                                     | F-25 |
| Note 17– Subsequent events to March 31, 2025                                                                                   | F-27 |

<div align='center'>F-8</div>

| TELECOM        
 ARGENTINA S.A. |

NOTE 1 – BASIS OF PREPARATION OF THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND SIGNIFICANT ACCOUNTING POLICIES

| a) | Basis of preparation and significant accounting 
 policies                                        |

These unaudited condensed consolidated financial
statements as of March 31, 2025, and for the three-month period ended on March 31, 2025, have been prepared in accordance with IAS 34
“Interim Financial Reporting”.

Therefore, these financial statements do not include all the information required in an annual financial statement and, consequently, they must be read jointly with the annual financial statements as of December 31, 2024 included in form 20F 2024, which can be consulted at the Company´s website (https:// https://inversores.telecom.com.ar/en/quarterly-earnings.html). It should
be noted that the annual financial statements have been measured in terms of current pesos as of December 31, 2024, applying the guidance
in IAS 29. These unaudited condensed consolidated financial statements have been measured in terms of current pesos as of March 31, 2025