Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 54

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 54
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 in view of TASA’s
and TMA’s corporate reorganization described in Notes 1 and 21, the Company's Financial Statements as of December 31, 2024,
and for the year ended December 31, 2024, have been presented with the following comparative information:

Certain figures from the financial statements
for the year ended December 31, 2023, have been reclassified for comparative purposes with those for the current year.

As a result of the aforementioned corporate reorganization,
as of December 31, 2024, there are no balances or transactions attributable to non-controlling interest.

| 3. | Intangibles |

The composition and movements of net intangible
assets for the years 2024 and 2023 have been as follows:

Fiscal Year 2024

|                                    |     | Balance as of 
 12/31/2023    |                 |     | Additions |                |     | Amortization 
 (Note        
 17)          |                 |   |     | Transfers and 
 other         |                 |   |     | Impairment losses 
 (Note 4)          |                  |   |     | Balance as of 
 12/31/2024    |                 |
| Concessions, licenses and spectrum |     |               | 744,096,386,654 |     |           |              - |     |              | (31,937,126,783 | ) |     |               |               - |   |     |                   | (445,375,480,945 | ) |     |               | 266,783,778,926 |
| Software                           |     |               |  54,031,837,733 |     |           |              - |     |              | (35,717,705,562 | ) |     |               |  17,630,048,421 |   |     |                   | (22,479,040,573  | ) |     |               |  13,465,140,019 |
| Software under development         |     |               |   9,039,960,653 |     |           | 12,280,435,394 |     |              | -               |   |     |               | (17,630,048,421 | ) |     |                   | -                |   |     |               |   3,690,347,626 |
| Total intangibles