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Telecom Argentina S.A. Completed Regulatory Filings with ENACOM and CNDC in Connection with the Acquisition of Telefónica Móviles Argentina

1. Telecom Argentina filed required information for acquiring Telefónica Móviles Argentina. 2. This regulatory compliance potentially enhances TEO's market position.

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FAQ

Why Bullish?

The acquisition aligns with growth strategies, boosting TEO's competitive edge, similar to past telecom expansions.

How important is it?

The acquisition is substantial, influencing market dynamics and TEO’s growth potential significantly.

Why Long Term?

Successful integration may lead to increased revenue, reflecting benefits over multiple quarters.

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Market Cap (NYSE: TEO): US$4,837.2 million* March 7, 2025 BUENOS AIRES, AR / ACCESS Newswire / March 7, 2025 / Telecom Argentina S.A. (NYSE:TEO)(BYMA:TECO2), ("Telecom Argentina" or the "Company"), announces that today it has completed the filing of the required information with the Ente Nacional de Comunicaciones (ENACOM or Argentine Communications Entity) and to the Comisión Nacional de Defensa de la Competencia (CNDC or Argentine Antitrust Commission), in compliance with applicable regulations, in connection with the acquisition of Telefónica Móviles Argentina S.A.

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