Company: TCMFF
Filing Date: 2025-11-10
Form Type: 6-K
Source: 0001104659-25-108893
Chunk: 7

Company: TELECOM ARGENTINA SA
Filing Date: 2025-11-10
Form: 6-K
Chunk 7
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 monthly churn for cable television for Telecom (excluding TMA)stood at 1.5% as of September 30, 2025, and 1.8% as of September 30, 2024, while for TMA it was 4.0% and 3.7% as of September 30, 2025, and 2024, respectively. Fixed Telephony and Data Services Consolidatedrevenues from fixed voice and data services reached P$676,563 million in 9M25 (+P$205,312 million or +43.6% compared to 9M24). The variation in Argentina is mainly due to the consolidation of TMA’s results in 9M25, which amounted to P$282,029 million. Fixed voice and data revenues for Telecom (excluding TMA)decreased by 16.3%, mainly because the company has not been able to increase its prices in line with inflation, considering accumulated inflation over the last twelve months of 31.8%, and despite a 2.4% increase in the fixed customer base. Telecom’s fixed voice customer base (excluding TMA)reached 2.8 million in 9M25, of which 2.2 million correspond to customers with IP lines. TMA’s telephony customer base reached 2.1 million, of which 1.5 million are customers with IP lines. Other Service Revenues Consolidatedrevenues from other service revenues, which primarily include revenues related to fintech services, billing and collection services on behalf of third parties, administrative fees, and advertising space sales, among others, reached P$48,296 million (+P$8,239 million or +20.6% vs. 9M24). The main variation was driven by the increase in fintech services in Argentina, primarily due to the growth in usage of the Personal Pay digital wallet and the rise in the number of users, which reached 4.4 million in 9M25 vs. 3.3 million in 9M24. Revenues from equipment sales Consolidatedequipment sales revenues totaled P$295,256 million (+P$71,224 million or +31.8% vs. 9M24). This variation was mainly driven by the consolidation of TMA’s results in 9M25, which amounted to P$114,447 million, while equipment sales for Telecom (excluding TMA)declined by 19.3% in real terms. Consolid