Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 111

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 111
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itimate and arbitrary; in this regard, the Company has proceeded to challenge it before the S.C.

On January 16, 2009, Resolution No. 7/09
of the S.C. was published in the Official Gazette, which approved the specimen trust agreement implementing the Universal Service Fiduciary
Fund, designating Banco Itaú Buen Ayre S.A. as the administrator of such fund. TASA challenged Section 2 of this Resolution
before the S.C. because it repeated the provisions of Resolution S.C. No. 405/08, which required making the relevant deposits without
deducting amounts corresponding to Universal Service programs.

On April 11, 2011, TASA was notified of Resolution
No. 43/11 of the S.C., which set forth that the services claimed by TASA relating to High-Cost Areas did not constitute an Initial
Indicative Universal Service Program, or local voice services that could be subsidized, nor another act involving a Universal Service
under the terms of Section 2 of Decree No. 558/08. Subsequently, TASA was notified of new resolutions from the S.C. denying
the status of Initial Indicative Universal Service Programs to the services provided by TASA, namely: (1) Resolutions No. 53/12
and 54/12, which stated that the services corresponding to (i) Information Service 110 and (ii) Discounts for Retirees, Pensioners,
and Family Houses do not constitute Initial Indicative Universal Service Programs under Section 26, Exhibit III of Decree No. 764/00,
nor services involving a Universal Service under Section 2 of Decree No. 558/08, respectively; (2) Resolutions No. 59/12,
60/12, and 61/12, setting forth that the services corresponding to (i) Social Public Telephony and Deficient Public Telephony, (ii) Services
and Discounts to Public Institutions, and (iii) Services for Hard of Hearing People and Attention of Hard of Hearing Customers, do
not constitute Initial Indicative Universal Service Programs under Article 26, Exhibit III of Decree No. 764/00, nor services
involving a Universal Service under Article 2 of Decree No. 558/08, respectively; and (3) Resolutions No. 69/12 and
70/12, setting forth that the services corresponding to (i)