Company: TCMFF
Filing Date: 2025-05-12
Form Type: 6-K
Source: 0001104659-25-047387
Chunk: 0

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-12
Form: 6-K
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of May 2025

Commission File Number: 001-13464

Telecom Argentina S.A.

(Translation of registrant’s name into English)

General Hornos, No. 690, 1272

Buenos Aires, Argentina

(Address of principal executive offices)</div>

Indicate by check mark whether the registrant files or
will file annual reports under cover of Form 20-F or Form 40-F:

| Form 20-F | x |     | Form 40-F | ¨ |

| Contacts:                                     
 Luis                                          
 Fernando Rial Ubago - lfrialubago@teco.com.ar 
 Tomás                                         
 Pellicori - tlpellicori@teco.com.ar           | Market                               
 Cap (NYSE: TEO): US$4,518.4 million1 |

| · | For analysis purposes, it should be noted that the results presented on a comparative basis (March 
 2024) include the effect of year-over-year inflation as of March 2025, which was 55.9%.            |

| · | The Company’s consolidated revenues reached P$1,363,353 million in 1Q25 (+27.8% in constant currency                                      
 vs. 1Q24). Service revenue showed an improving trend in real terms: consolidated service revenues during 1Q25 totaled P$1,285.482 million 
 (+26.5% vs. 1Q24), whereas in 1Q24 they showed a -17.9% decline vs. 1Q23. Additionally, Telecom’s service revenues (excluding             
 TMA)3 increased +4.9% in real terms in 1Q25, while TMA’s standalone service revenues rose +17.1% over the same period.                    |

| · | In 1Q25, the customer base evolution in Argentina was positive: |

| o | Telecom (excluding TMA): Mobile accesses reached 21.3 million (+183 thousand or +0.9% vs. 1Q24).                                             
 Pay TV subscribers also increased, totaling 3.1 million in the same period (+22 thousand