AI-extracted from the 20-F filed 2026-03-11 — FY2025 (year ended December 31, 2025). Every figure is machine-verified against the filing text on SEC EDGAR.
Telecom Argentina acquired Telefónica Móviles Argentina S.A. on February 24, 2025, for US$1,245M, financing US$1,170M through syndicated and bilateral loans, pending post-closing regulatory approval.
Biggest Revenue Drivers
Margins: Filing provided is predominantly legal and risk disclosure text; consolidated financial statements referenced as F-1 through F-96 not included in the text excerpt.
Watch Items from the Filing
Acquisition of TMA (February 24, 2025, US$1.245B) is subject to post-closing regulatory review by ENACOM and ANC (formerly CNDC); March 2025 provisional measure imposed six-month restrictions on business integration; as of date of filing, regulatory approval still pending with potential for divestitures or conditions.
Argentine Peso depreciated 41.0% against U.S. dollar in 2025 (P$1,032 to P$1,455 per USD); company maintains P$5.4B in foreign-currency-denominated liabilities with limited FX hedging, creating substantial currency risk exposure.
59.8% of company debt matures within three years, with 29.7% due in 2026; total indebtedness increased 43.6% YoY to P$5.4B as of December 31, 2025, driven by TMA acquisition financing.
Argentina classified as high-inflation economy under IAS 29; CPI inflation 31.5% in 2025 despite government efforts; hyperinflationary environment could compress real margins if price increases cannot keep pace with cost growth.
Intense competitive pressure from satellite internet providers (Starlink operational in Argentina, Amazon Project Kuiper and OneWeb regulatory-approved), LEO constellations, and OTT streaming platforms eroding traditional revenue from fixed-line and cable TV services.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About TELECOM ARGENTINA SA (TEO): stock profile, AI score and financials
TELECOM ARGENTINA SA (TEO) stock profile, AI quality score, and SEC EDGAR financial data, a Communication Services sector company. 13F Pro's AI-powered ranking engine scores TEO at 57.9/100 on a composite quality score built from its SEC filings, placing it at rank #1,058 of 2,925 stocks — the top half of the AI-ranked universe. TEO scores in the top quartile across revenue scale (100.0), revenue growth (96.3). Areas of concern include profitability (26.1) and free cash flow (30.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2025), TELECOM ARGENTINA SA reports quarterly revenue of $2706.3B, net income of $119.2B, an operating margin of 3.6%. TEO trades on the NYSE exchange and files with the SEC under CIK 932470. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TEO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for TELECOM ARGENTINA SA directly from SEC EDGAR.