Company: TCMFF
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001104659-25-018326
Chunk: 4

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 4
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2% increase, continuing a favorable trend. As of December 31, 2024, postpaid accesses represented 38% of our mobile subscriber base.

In FY24, mobile service revenues in Argentina amounted to P$1,534,634 million (-P$126,996 million or -7.6% vs. FY23). The average monthly revenue per user (“ARPU”) amounted to P$5,960.0 during FY24 (vs. P$6,655.1 in FY23). The effect generated by the restatement in terms of the current measurement unit as of December 31, 2024, included in the ARPU amounted to P$1,026.0 and P$4,981.4 for FY24 and FY23, respectively. The average monthly churn rate was 1.4% in FY24 (compared to an average of 1.8% in FY23).

Personal in Paraguay (“Núcleo”)

As of December 31, 2024, Núcleo’s subscriber base totaled 2.6 million, growing 10.6% vs FY23. Of the total number of accesses, 73% correspond to prepaid plans and 27% to postpaid plans, whereas as of December 31, 2023, prepaid accesses represented 76% and postpaid accesses represented 24%.

During FY24, Mobile service revenues in Paraguay reached P$144,700 million, remaining stable in real terms compared to the previous year (- P$132 million or -0.1 % vs. FY23).

Internet Services

Internet services revenues reached P$1,057,015 million during FY24 demonstrating a strong recovery in real terms compared to FY23 (+P$77,288 million or +7.9% vs. FY23). In 4Q24, Internet services revenues totaled P$273,276 million (+13.7% vs. 4Q23) showing strong growth in real terms. Total broadband base reached 4.0 million subscribers in FY24 (-44 thousand vs. FY23). The monthly churn rate of Internet services remained stable at 1.8% as of December 31, 2024, and 2023.

Additionally, broadband ARPU (restated in constant currency as of December 31, 2024) amounted to P$20,418.6 in FY24 (vs. P$18,883.6 in FY23). The effect generated by the