Company: TCMFF
Filing Date: 2025-11-10
Form Type: 6-K
Source: 0001104659-25-108891
Chunk: 0

Company: TELECOM ARGENTINA SA
Filing Date: 2025-11-10
Form: 6-K
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of November 2025

Commission File Number: 001-13464

Telecom Argentina S.A.

(Translation of registrant’s name into English)

General Hornos, No. 690, 1272

Buenos Aires, Argentina

(Address of principal executive offices)</div>

Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:

| Form 20-F | x |     | Form 40-F | ¨ |

<div align='center'>Telecom Argentina S.A.

TABLE OF CONTENTS</div>

Item

Re.: Dividend Distribution and Reserve Withdrawal

Dear Sirs,

I am writing to you in my capacity as Chairman
of Telecom Argentina S.A. (“Telecom Argentina” or the “Company”) in order to inform you that, in exercise of the
powers delegated to it by the Ordinary and Extraordinary General Shareholders’ Meeting of the Company held on April 25, 2025,
the Board of Directors of Telecom Argentina has resolved, on today’s date, as follows:

| · | To partially withdraw the “Discretionary                                                                                          
 reserve to maintain the level of investments in capital goods and the current solvency level of the Company” in the amount of ARS 
 220,482,202,397.                                                                                                                  |

| · | To make a dividend distribution in kind, through                                                                                        
 the distribution to its shareholders of Global Bonds of the Argentine Republic denominated in U.S. Dollars, maturing on July 9, 2030    
 (Security Code: GD30 – ISIN US040114HS26) (the “2030 Global Bonds”), held in the Company’s portfolio, for a total                       
 nominal value of USD 197,788,498, at a ratio of USD 0.091837117 nominal value of 2030 Global Bonds per share of the Company, to be made 
 available immediately, with settlement through Caja de Valores S.A. where applicable, on November 14, 2025.                             |

| · | To make a cash dividend distribution in the amount                                                                                             
 of AR