Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 109

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 109
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 this context, the following resolutions were
issued: Resolution MM 697-E/2017, approving the ITC Services Regulations; Resolution MM 286/2018, approving the General Interconnection
and Access Regulations; and Resolution MM 203/2018, approving the Number Portability Regulations.

Additionally, under ENACOM Resolution No. 94/2018,
TASA, now merged with TMA, was registered as the holder of the Subscription Broadcasting Service by Physical Link, to provide such service
in the locations specified in Section 2 of such resolution, on the terms of Resolution No. 5641/2017.

TMA cannot predict if, in the future, certain
draft legislation or new regulatory proposals will become law or become a part of the regulatory framework governing its operations. These
potential changes could have varying impacts on the current conditions and framework of the Company’s operations.

The Company’s financial statements consider
the current and anticipated regulatory effects of regulations issued as of the date of issuance thereof, and the effect of any new regulations
that may be implemented will be considered once they are published in their final form and become a part of the regulatory framework applicable
to TMA’s business.

On May 15, 2023, through Resolution No. 682/2023,
the ENACOM approved the Regulations for the Administration, Management and Control of the Radio Spectrum, which establishes the principles,
provisions, criteria and procedures that will govern radio spectrum planning, management and control for radiocommunication services and
systems, in accordance with Law 27,078, as amended.

Universal Service

As part of the transition to competition in telecommunications,
the National Executive Branch (PEN) issued Decree No. 764/00, approving, among other things, the Universal Service Regulations. As
of the date of issuance of these financial statements, TASA, a company now merged with TMA, has submitted monthly affidavits to the ENACOM
for the periods from July 2007 to December 2024, estimating the sums corresponding to the aforementioned initial programs, which
would result in a receivable from the Fiduciary Fund for such period of approximately 50,162 million pesos. This amount reflects the estimated
excess amount that the Company has incurred for the provision of Universal Service programs during such period. The enforcement authority
has not yet set the valuation or approval standards for some of these programs. The Company will record this receivable when collected.

On December 9