Company: TCMFF
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001104659-25-047837
Chunk: 24

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 24
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 the date of these interim condensed consolidated financial statements, only a Resolution dated March 21, 2025 has been issued
by the Secretariat of Industry and Trade, whereby it ordered, as a provisional measure pursuant to Article 44 of Law No. 27,442, that,
for a period of six months or until the Secretariat of Industry and Trade issues a decision regarding the approval, approval subject to
conditions, or denial of the authorization of the transaction pursuant to Article 14 of such law, whichever occurs first, the Company
must refrain from carrying out any legal, corporate and/or commercial acts that would directly or indirectly result in the integration
or consolidation of TMA’s business with that of the Company. This includes any initiative aimed at unifying or integrating the personnel
of TMA and the Company, as well as any exchange of competitively sensitive information with TMA, such as pricing and pricing strategies,
costs and margins, business plans and commercial strategies, customer and supplier information, investment plans, among others. The Company
must also comply with the reciprocal infrastructure sharing agreements entered into by the Company and TMA prior to the acquisition. On
April 6, 2025, the Company filed an appeal before the Secretary of Industry and Commerce and the CNDC against this Resolution, as well
as against the note of the Secretary of Industry and Commerce dated March 27, 2025, addressed to CNDC, through which a monitoring agent
of the Company and TMA was appointed.

The Resolution does not alter the manner in which
the Company and TMA operate as of the date of issuance of these unaudited condensed consolidated financial statements, as they continue
to be companies that conduct their business independently, and each has its own Board of Directors and management.

There can be no assurance regarding the outcome
of the post closing review of the Acquisition by regulatory authorities, even though, the Company has strong arguments to support its
position.

NOTE 17 – SUBSEQUENT EVENTS TO MARCH 31, 2025

| (a) | Provisions of the Telecom Ordinary and Extraordinary 
 Shareholders’ meeting                                |

At the Ordinary and Extraordinary Shareholders’ Meeting held on April 25, 2025, the shareholders of Telecom decided, among other:

| (i) | To approve                                                                                                                                  
 the Board of Directors’ proposal stated in current currency as of March 31, 2025 using the National Consumer Price Index pursuant           
 to CNV Resolution No. 777/18