Company: TCMFF
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001104659-25-047837
Chunk: 8

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 8
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unaudited condensed consolidated financial statements in accordance with IAS 34 requires that the Company's Management
make estimates that affect the figures disclosed in the financial statements or its complementary information. Actual results may differ
from these estimates.

These unaudited condensed consolidated financial
statements are expressed in millions of Argentine pesos, on an accrual basis of accounting (except for the consolidated statement of cash
flows), based on historical cost, except for certain financial assets and liabilities (includes DFI) that are measured at fair value and
are prepared in current currency as of March 31, 2025.

The figures as of December 31, 2024, and for the
three-month period ended on March 31, 2024, which are disclosed in these unaudited condensed consolidated financial statements for comparative
purposes, are a result of restating the financial statements as of such dates to values in current currency as of March 31, 2025. This
is as a consequence of the restatement process of the financial information described in point d).

These unaudited condensed
consolidated financial statements as of March 31, 2025, were authorized for issuance and approved by resolution of the Board of Directors’
meeting held on May 12, 2025.

These unaudited condensed consolidated financial statements contain
all disclosures required under IAS 34. Some additional disclosures required by the LGS and/or by the CNV have been also included.

| b) | Segment information |

The Executive Committee and the CEO have a strategic
and operational vision of Telecom as a single business unit, according to the current regulatory context of the converged ICT Services
industry (adding to the same segment both the activities related to the mobile services, internet services, cable television and fixed
and data services, services governed by the same regulatory framework of ICT Services). To exercise its functions, both the Executive
Committee and the CEO receive periodically the economic-financial information of Telecom Argentina and its subsidiaries (in current currency
as of the date of each transaction), that is prepared as a single segment and evaluate the evolution of business as a unit of generation
of results, administrating the resources in a unique way to achieve the objectives. Regarding costs, they are not specifically allocated
to a type of service, considering that the Company has a single payroll and operating expenses that affect all services in general (non-specific).
Further, decisions on CAPEX affect all the types of services provided by Telecom in Argentina and are not