Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 42

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 42
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 life in all other cases.

Intangible assets with indefinite useful lives
are not amortized. However, at the end of each fiscal year, or whenever indications of impairment arise, TMA’s Management reviews
the remaining useful life of these assets to determine whether it remains indefinite and, if not, takes appropriate measures to amortize
the asset.

Note 18 to these Financial Statements presents
the main licenses and spectrum held by TMA for 2024 and 2023.

Intangible assets with a finite useful life are
amortized on a straight-line basis as follows:

| - | Licenses and spectra granted to TMA for the provision of telecommunications services by several public                                       
 agencies, such as 4G and 5G licenses, are amortized on a straight-line basis over their validity period, starting from the moment regulatory 
 conditions are met and commercial operation begins.                                                                                          |

| - | Software is amortized on a straight-line basis over its useful life, which is generally estimated at three 
 years.                                                                                                     |

Software under development is recognized solely
and exclusively if the following elements are proved: (i) the technical feasibility of completing the intangible asset so that it
is available for use; (ii) the intention to complete and use the intangible asset; (iii) the ability to use the intangible asset;
(iv) the manner in which the intangible asset will generate future economic benefits; (v) the availability of adequate technical,
financial and other resources to complete development and use the intangible asset; and (vi) the ability to reliably measure the
expenditure attributable to the intangible asset during its development.

The initially recognized amount for internally
generated intangible assets, consisting mainly of software, is the sum of expenses incurred from the date the intangible asset first meets
the recognition criteria listed above. When no internally generated intangible asset can be recognized, development expenses are recorded
in the income statement in the year in which they are incurred.

After initial recognition, internally generated
intangible assets are carried at cost, less accumulated amortization and any accumulated impairment losses, in the same way as separately
acquired intangible assets.

| c) | Property, Plant & Equipment |

PP&E are measured at acquisition cost, less
accumulated depreciation and any impairment losses.

The acquisition cost includes, among other things,
direct labor costs incurred for installation and indirect costs necessary to complete the investment.

TMA depreciates its PP&E from the moment they
are available for use