Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 64

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 4
Chunk 64
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, we had approximately 4.0 million internet customers in Argentina. 
In Argentina, during 2024, we continued with the reconversion of Telecom’s fixed internet network, expanding in 2024 by 16K FTTH blocks in new locations and/or XDSL / HFC one way and 0.4K FTTH blocks in HFC two way (Overlay) areas. Key projects included deployments in the towns of Bariloche, Viedma, and Las Heras.
The migration of customers towards the best available technology (XDSL to HFC/FTTH and HFC to FTTH) and the selective shutdown of obsolete networks continued, seeking efficiency and improving customer service.
The internet connectivity products we offer through the Personal and Telecom brands are specially tailored to the needs of each residential or corporate user and include specific solutions such as virtual private network services, traditional IP links and corporate products that offer additional services. We offer internet products ranging from 50MB to 1,000 MB. 
In Argentina, customers with a service of 100 MB or more represent 89% and 85% of the total customer base as of December 31, 2024, and 2023, respectively. Within this range, customers have contracted service plans of 100 MB, 300 MB, 600 MB and 1,000 MB which, as of December 31, 2024, amount to 1.6 million, 1.7 million, 0.1 million and 0.1 million, respectively, positioning our “Personal” brand as the technological benchmark brand of the industry.
Additionally, we offer international IP access through well-known global Backbone providers.
We also offer Personal Wifi Zone, a connectivity experience available to our customers with Personal internet at home, which is the largest WiFi network in Argentina. Personal WiFi Zone currently has a coverage of more than 2.1 million locations distributed throughout the country. The service is used by 130 thousand customers on a monthly basis.
Network and Equipment
In order to continue bringing fiber optics closer to customers, we consolidated the deployment of FTTH networks, substantially improving the possibility of offering high-speed services. This rollout encompassed both residential and corporate customers, new neighborhoods, gated communities, buildings, and shopping malls.
With respect to HFC networks, investments were focused on increasing the capacity of existing networks to keep up with our customers’ traffic demand by reducing service areas and increasing upstream capacity. In addition, the deployment of a new FTTH network superimposed