# Telecom Argentina SA: overview

TEO · NYSE · CIK 932470 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/teo.md) · [Financials](/companies/teo/financials.md) · [Filings](/companies/teo/filings.md) · [Insiders](/companies/teo/insiders.md)

Latest reported revenue: [ARS 17.92bn](/filings/0001104659-18-025642.md) for Q4 FY2017, three months to 2017-12-31, from the 20-F filed Apr 20, 2018 (XBRL ifrs-full:Revenue, accession 0001104659-18-025642).

## Last eight quarters

| Line item | Unit | period not labelled (2016-03-31) | period not labelled (2016-06-30) | period not labelled (2016-09-30) | period not labelled (2016-12-31) | period not labelled (2017-03-31) | period not labelled (2017-06-30) | period not labelled (2017-09-30) | Q4 FY2017 (2017-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [12.5](/filings/0001104659-18-025642.md) | [13.0](/filings/0001104659-18-025642.md) | [13.4](/filings/0001104659-18-025642.md) | [14.4](/filings/0001104659-18-025642.md) | [14.7](/filings/0001104659-18-025642.md) | [15.8](/filings/0001104659-18-025642.md) | [16.7](/filings/0001104659-18-025642.md) | [17.9](/filings/0001104659-18-025642.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [16.0%](/filings/0001104659-18-025642.md) | [13.3%](/filings/0001104659-18-025642.md) | [13.4%](/filings/0001104659-18-025642.md) | [16.1%](/filings/0001104659-18-025642.md) | [19.6%](/filings/0001104659-18-025642.md) | [18.7%](/filings/0001104659-18-025642.md) | [18.9%](/filings/0001104659-18-025642.md) | [17.3%](/filings/0001104659-18-025642.md) |
| Net margin | % | [7.4%](/filings/0001104659-18-025642.md) | [6.2%](/filings/0001104659-18-025642.md) | [5.6%](/filings/0001104659-18-025642.md) | [10.4%](/filings/0001104659-18-025642.md) | [13.3%](/filings/0001104659-18-025642.md) | [10.5%](/filings/0001104659-18-025642.md) | [12.1%](/filings/0001104659-18-025642.md) | [11.1%](/filings/0001104659-18-025642.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: ifrs-full:Revenue.
- Gross margin (gross profit / revenue). XBRL Revenue: ifrs-full:Revenue.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:Revenue.
- Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:Revenue.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL not reported.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [2,581](/filings/0001104659-24-037229.md) | [4,945](/filings/0001104659-25-019133.md) | [5,899](/filings/0001104659-26-026480.md) | [5,443](/filings/0001104659-26-026480.md) | [8,329](/filings/0001104659-26-026480.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(0.7%)](/filings/0001104659-24-037229.md) | [(40.4%)](/filings/0001104659-25-019133.md) | [(6.1%)](/filings/0001104659-26-026480.md) | [(3.5%)](/filings/0001104659-26-026480.md) | [5.4%](/filings/0001104659-26-026480.md) |
| Net margin | % | [2.0%](/filings/0001104659-24-037229.md) | [(28.5%)](/filings/0001104659-25-019133.md) | [(12.5%)](/filings/0001104659-26-026480.md) | [24.5%](/filings/0001104659-26-026480.md) | [(2.0%)](/filings/0001104659-26-026480.md) |
| Diluted EPS | $ per share | [24.40](/filings/0001104659-24-037229.md) | [(654.40)](/filings/0001104659-25-019133.md) | [(342.81)](/filings/0001104659-26-026480.md) | [618.38](/filings/0001104659-26-026480.md) | [(78.94)](/filings/0001104659-26-026480.md) |
| Free cash flow | $bn | [342](/filings/0001104659-24-037229.md) | [656](/filings/0001104659-25-019133.md) | [1,013](/filings/0001104659-26-026480.md) | [610](/filings/0001104659-26-026480.md) | [1,031](/filings/0001104659-26-026480.md) |

- Revenue. XBRL Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Gross margin (gross profit / revenue). XBRL Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:RevenueFromContractsWithCustomers.
- Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/teo/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [SPX Gestao de Recursos Ltda](/funds/1589176.md) | 2026-06-30 | $30.2m | 2,320,411 |  | Added +1,587,714 |
| [MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.](/funds/1705339.md) | 2026-06-30 | $26.5m | 2,038,489 |  | Added +126,006 |
| [RWC Asset Management LLP](/funds/1520478.md) | 2026-06-30 | $16.7m | 1,283,341 |  | Added +308 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $13.0m | 996,252 |  | Added +72,398 |
| [Capital Wealth Planning, LLC](/funds/1566728.md) | 2026-06-30 | $12.3m | 947,500 |  | New +947,500 |
| [Fundamenta Capital S.A.](/funds/2088289.md) | 2026-06-30 | $9.1m | 697,869 |  | New +697,869 |
| [WEXFORD CAPITAL LP](/funds/1048462.md) | 2026-06-30 | $8.6m | 665,053 |  | Reduced −133,097 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $6.3m | 484,488 |  | Added +204,991 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $5.9m | 453,296 |  | Added +14,265 |
| [Discerene Group LP](/funds/1632958.md) | 2026-06-30 | $5.4m | 414,244 |  | Unchanged |

## Recent filings

[All 855 filings](/companies/teo/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-14 | 13:06 ET | [6-K](/filings/0001104659-26-115765.md) | Report of a foreign private issuer, period 2026-10-14 | 0001104659-26-115765 |
| 2026-09-11 | 19:35 ET | [6-K](/filings/0001104659-26-107037.md) | Report of a foreign private issuer, period 2026-09-11 | 0001104659-26-107037 |
| 2026-08-10 | 20:15 ET | [6-K](/filings/0001104659-26-093384.md) | Report of a foreign private issuer, period 2026-08-10 | 0001104659-26-093384 |
| 2026-08-07 | 13:01 ET | [6-K](/filings/0001104659-26-092409.md) | Report of a foreign private issuer, period 2026-08-07 | 0001104659-26-092409 |
| 2026-07-22 | 19:54 ET | [6-K](/filings/0001104659-26-085782.md) | Report of a foreign private issuer, period 2026-07-22 | 0001104659-26-085782 |
| 2026-06-18 | 13:18 ET | [6-K](/filings/0001104659-26-075467.md) | Report of a foreign private issuer, period 2026-06-18 | 0001104659-26-075467 |
| 2026-05-12 | 21:01 ET | [6-K](/filings/0001104659-26-059483.md) | Report of a foreign private issuer, period 2026-05-12 | 0001104659-26-059483 |
| 2026-05-11 | 21:17 ET | [6-K](/filings/0001104659-26-058758.md) | Report of a foreign private issuer, period 2026-05-11 | 0001104659-26-058758 |
| 2026-05-11 | 21:16 ET | [6-K](/filings/0001104659-26-058756.md) | Report of a foreign private issuer, period 2026-05-11 | 0001104659-26-058756 |
| 2026-04-30 | 18:29 ET | [6-K](/filings/0001104659-26-052694.md) | Report of a foreign private issuer, period 2026-04-30 | 0001104659-26-052694 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-026480.md), filed Mar 11, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 932470
- Tickers: TEO, TCMFF
- Exchange: NYSE
- SIC code: 4813 Telephone Communications (No Radiotelephone)
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:29 ET. No prices; not investment advice.