Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 21

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 21
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 currency
as of December 31, 2024, included in ARPU amounted to P$2,833.6 and P$13,008.8 as of December 31, 2024 and 2023, respectively.

ARPU of Internet

The following table shows
internet services included in the ARPU calculations of 2024 and 2023:

|                                             |     | Year ended December 31, |    2024 |     |     |    2023 |
|:--------------------------------------------|:----|:------------------------|--------:|:----|:----|--------:|
|                                             |     | -P$ millions            |         |     |     |         |
| Total Internet services revenues            |     |                         | 312,097 |     |     | 277,667 |
| Average number of customers during the year 
 (millions)                                  |     |                         |     1.5 |     |     |     1.3 |

Voice

Voice revenues in 2024 amounted
to P$120,497 million, a decrease of P$62,835 million or 34.3% as compared to 2023. The effect generated by the restatement in current
currency as of December 31, 2024, included in voice revenues amounted to P$2,430 million and P$138,932 million in 2024 and 2023,
respectively.

ARPU of voice services reached
P$4,562.9 in 2024 as compared to P$6,674.8 in 2023. This decrease in ARPU is mainly explained by changes in the customer’s consumption
behavior. The effect generated by the restatement in current currency as of December 31, 2024 included in ARPU amounted to P$92 and
P$5,058.3 as of December 31, 2024, and 2023, respectively.

ARPU of Voice services

The following table shows
the reconciliation of total voice service ARPU calculations of 2024 and 2023:

|                                             |     | Year ended December 31, |    2024 |     |     |    2023 |
|:--------------------------------------------|:----|:------------------------|--------:|:----|:----|--------:|
|                                             |     | -P$ millions            |         |     |     |         |
| Total Voice services revenues               |     |                         |