Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 84

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 84
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case await the Supreme Court’s decision on the petition in error.

In response, the national government filed an
appeal, which was resolved by the Court of Appeals in November 2018 by upholding the appeal and instructing the lower court judge
to rule on the approval of the settlement submitted by the plaintiff.

Following this decision, in December 2018
TASA filed a Federal Extraordinary Appeal, which was declared inadmissible by the Court of Appeals in February 2019. As a result
of this, on February 27, 2019 TASA filed a new petition in error with the Supreme Court of Justice of the Nation, which did not suspend
the enforcement proceedings.

On March 26, 2019, the lower court judge
finally resolved to approve ENTel’s settlement calculation, amounting to 1,689,367,880.11 pesos. TASA appealed this decision, to
have the Court of Appeals review this decision, but the appeal was rejected on October 8, 2019. On October 23, 2019, TASA filed
a Federal Extraordinary Appeal, which was later rejected, prompting TASA to file another petition in error with the CSJN, which remains
unresolved. In September 2020, ENTel submitted a request to the court for an updated settlement calculation, which, as of August 31,
2020, amounted to 3,445 million pesos.

In December 2020, TASA proposed a joint settlement
calculation with ENTel and a structured payment plan in installments, adjusted according to the interest rate set by the court. As ENTel
rejected TASA’s proposal and then filed an application for enforcement on the basis of the settlement made at values as of February 1,
2018, totaling 1,689 million pesos, on December 29, 2020, TASA, without withdrawing the petitions in error that have not yet been
resolved by the Supreme Court, deposited such amount in the account specified by ENTel for that purpose and submitted the relevant deposit
slip.

On March 11, 2021, TASA calculated the outstanding
amounts as of that date and transferred the amount of 156 million pesos to ENTel. ENTel contested this settlement, but on April 15,
2021 the Court of First Instance approved TASA’s calculation. However, this decision was overturned by the Court of Appeals on October 7,
2021, which rejected TASA’s