Company: TCMFF
Filing Date: 2025-11-10
Form Type: 6-K
Source: 0001104659-25-108893
Chunk: 0

Company: TELECOM ARGENTINA SA
Filing Date: 2025-11-10
Form: 6-K
Chunk 0
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<div align='center'>UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of November 2025

Commission File Number: 001-13464

Telecom Argentina S.A.

(Translation of registrant’s name into English)

General Hornos, No. 690, 1272

Buenos Aires, Argentina

(Address of principal executive offices)</div>

Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:

| Form 20-F | X |     | Form 40-F |

| Contacts:                                     
 Luis                                          
 Fernando Rial Ubago - lfrialubago@teco.com.ar 
 Tomás                                         
 Pellicori - tlpellicori@teco.com.ar           | Market                               
 Cap (NYSE: TEO): US$5,121.5 million1 |

| · | For                                                                                           
 analysis purposes, it is important to highlight that the comparative results (September 2024) 
 reflect the year-over-year effect of inflation through September 2025, which reached          
 31.8%. Additionally, the consolidated results for 9M25 include seven months of contributions  
 from TMA, which were not present in the comparative period 9M24.                              |

| · | During                                                                            
 9M25, consolidated revenues reached P$5,622,561 million. Service revenues totaled 
 P$5,327,305 million in 9M25, with the following performance:                      |

| o | Telecom                                                                      
 (excluding TMA)3: +4.1% vs. 9M24 (vs. -9.1% in real terms in 9M24 vs. 9M23). |

| o | TMA:                                                                             
 +5.3% vs. 9M24. Telecom does not determine TMA’s commercial or pricing policies. |

| o | Consolidated:                                                                                       
 +50.7% vs. 9M24, including seven months of TMA revenues not present in the comparative consolidated 
 period (9M24).                                                                                      |

| · | During                                                          
 9M25, the customer base in Argentina showed positive evolution: |