Company: TCMFF
Filing Date: 2025-05-12
Form Type: 6-K
Source: 0001104659-25-047387
Chunk: 4

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-12
Form: 6-K
Chunk 4
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, Telecom’s mobile subscribers in Argentina totaled approximately 21.3 million (+183 thousand
or +0.9% vs. 1Q24). During 1Q25, there was a recovery in the postpaid base, which increased by 0.4% vs. 1Q24, while the prepaid base grew
by 1.1%. As of March 31, 2025, postpaid accesses represented 39% of total mobile accesses.

As of March 31, 2025,
TMA’s mobile subscribers totaled approximately 18.9 million (+82 thousand or +0.4% vs. 1Q24), including 2.7 million M2M accesses
(+265 thousand or +11.1%). The postpaid base grew by 1.5% vs. 1Q24, while the prepaid base declined by -0.6%. As of March 31, 2025, postpaid
accesses accounted for 49% of total mobile accesses. TMA’s average monthly churn stood at 2.1% in 1Q25 (vs. 2.0% in 1Q24).

In 1Q25, consolidated
mobile service revenues in Argentina reached P$586,021 million (+P$198,515 million or +51.2% vs. 1Q24).

The average monthly
revenue per user (ARPU) for Telecom was P$6,837.1 in 1Q25 (vs. P$6,037.6 in 1Q24). The effect of inflation adjustment
to the measuring unit as of March 31, 2025, included in the ARPU amounts to P$216.3 in 1Q25 and P$2,543.4 in 1Q24. The average monthly
churn was 2.0% in 1Q25 (vs. 1.5% in 1Q24).

TMA’s average
monthly ARPU was P$6,928.4 in 1Q25 (vs. P$5,803.3 in 1Q24). The effect of the inflation adjustment to the measuring unit as of March 31,
2025, included in the ARPU was P$222.4 in 1Q25 and P$2,473.0 in 1Q24.

Personal in Paraguay
(“Núcleo”)

As of March 31, 202