Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 290

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 18
Chunk 290
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 to the design and testing of identifiable software, which are recognized as intangible assets when the following criteria are met: a) it is technically feasible to complete the software so that it will be available for use; b) management intends to complete the software and use or sell it; c) there is an ability to use or sell the software; d) it can be demonstrated how the software will generate probable future economic benefits; e) adequate technical, financial and other resources to complete the development and to use or sell the software are available; and f) the expenditure attributable to the software during its development can be reliably measured. These costs include personnel remuneration costs.
Capitalised development costs are recorded as intangible assets and amortised from the point at which the asset is ready for use. Costs associated with maintaining software programs are recognised as an expense as incurred.
- Other: Included exclusivity rights and software rights of use, among others.
Depreciation of intangible assets is calculated on a straight-line basis over the ranges of estimated useful lives of each class of assets. The ranges of the estimated useful lives of the main classes of intangible assets are the following:
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                         ​                            ​                 ​               
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​                                                     ​   Estimated useful lives (years)
5G licenses                                           ​                               20
3G/4G licenses                                        15                                
Núcleo´s licenses                                                                   5-10
Customer Relationship                                                               5-14
Incremental Costs from the Acquisition of Contracts   2                                 
Content activation                                    2                                 
Internally generated software                                                       5-10
Other                                                                               2-28
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Exchange of non-monetary assets
In accordance with IAS 38, to recognize an intangible asset through an exchange, it must have commercial substance. In that case, the cost of the intangible asset received will be measured at its fair value.
In relation to the spectrum assignment and return process (framed within the guidelines of IAS 38 regarding the exchange of non-monetary assets, see Note 2.e.iv), as of December 31, 2022, the Company recognized a net gain of $2,787 million, recorded under ‘Other operating expenses,’ generated by the difference between the book value and the fair value of the returned spectrum.
j)    Assets classified as held for sale
According to IFRS 5, non-current assets are classified as held for sale if their carrying amount will be recovered principally through a sale transaction rather than through continuing use and