Telecom Argentina SA (TEO) Company Overview

Market Cap (NYSE:TEO): US$4,384.9 million. The Company has considered the impact of inflation adjustments as per Resolution 777/18 from the Comisión Nacional de Valores ("CNV"), which states that these adjustments will be applied to financial statements from December 31, 2018, onwards. Therefore, the figures reported for 9M24 reflect the effects of using inflationary accounting according to IAS 29.

Market Cap (NYSE: TEO): US$3,036.7 million. Please note that the figures in the FFSS reflect the impact of inflation adjustments as per Resolution 777/18 from the Comisión Nacional de Valores ("CNV"). This means that the reported numbers for the first half of 2024 include the effects of applying inflationary accounting according to IAS 29.

Telecom Argentina S.A. (NYSE:TEO ) Q4 2023 Earnings Call Transcript March 12, 2024 8:00 AM ET Company Participants Luis Rial Ubago - IR Gabriel Blasi - CFO Roberto Nobile - CEO Conference Call Participants Marcelo Santo - JPMorgan Andres Coello - Scotiabank Luis Rial Ubago Good morning.

Telecom Argentina has faced challenges in recent years due to the Argentine debt crisis and increased competition in the telecommunications industry. The company has managed to offset some costs despite extreme inflation levels in Argentina, and its leverage situation has improved. The valuation of Telecom Argentina remains elevated compared to its peers in Latin America, as indicated by the high multiples in forward P/E, EV/EBITDA, and Price/Cash Flow ratios.