Company: TCMFF
Filing Date: 2025-08-12
Form Type: 6-K
Source: 0001104659-25-076939
Chunk: 15

Company: TELECOM ARGENTINA SA
Filing Date: 2025-08-12
Form: 6-K
Chunk 15
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| Currency translation adjustments |      -22 |     534 |
| At the end of the period         |  -38,457 | -45,391 |

Movements in the accumulated impairment of others
PP&E are as follows:

|                              | June 30, |        |
|                              |     2025 |   2024 |
| At the beginning of the year |  -15,817 | -6,214 |
| Decreases                    |      348 |    558 |
| At the end of the period     |  -15,469 | -5,656 |

NOTE 5 – INTANGIBLE ASSETS

|                      |  June 30, | December 31, |
|                      |      2025 |         2024 |
| Intangible assets    | 2,569,533 |    2,267,701 |
| Impairment allowance |   -85,030 |      -85,030 |
|                      | 2,484,503 |    2,182,671 |

Movements in Intangible assets (without considering the impairment allowance)
are as follows:

|                                               |  June 30, |           |
|                                               |      2025 |      2024 |
| At the beginning of the year                  | 2,267,701 | 2,356,869 |
| Acquisitions through business combination (*) |   342,750 |         - |
| CAPEX                                         |    50,445 |    23,515 |
| Currency translation adjustments              |        98 |    -8,792 |
| Amortization of the period                    |   -91,461 |   -68,525 |
| At the end of the period                      | 2,569,533 | 2,303,067 |

(*) See Note 16.

The evolution of the provision for impairment of intangible assets is
as follows:

|                              | June 30, |         |
|                              |     2025 |    2024 |
| At the beginning of the year |  -85,030 | -85,011 |
| Increases                    |        - |       - |
| At the end of the period     |  -85,030 | -85,011 |

<div align='center'>F-20</div>

| TELECOM        
 ARGENTINA S.A. |

NOTE 6 – RIGHT OF USE ASSETS

Movements in right of use assets are as follows