T

Telecom Argentina SA
F:TEO

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Telecom Argentina SA
F:TEO
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Price: 9.65 EUR -1.53% Market Closed
Market Cap: 4.2B EUR

Telecom Argentina SA
Investor Relations

Telecom Argentina SA stands as one of the formidable pillars in the Argentine telecommunications landscape, embodying the country's digital heartbeat. Born from the synergy of technological ambition and regulatory evolution, Telecom Argentina has entrenched itself as a leading integrated telecom operator, offering a comprehensive suite of services that cater to both residential and corporate clientele. It provides fixed-line telephony, mobile communications, broadband internet, and pay television services, orchestrating a network that connects millions. Functioning within a complex regulatory environment, the company's operations are a dance of strategic investments, pushing the boundaries of infrastructure to meet ever-growing consumer demand for speed and quality.

This robust conglomerate derives its revenue primarily from subscription fees, service charges, and telecommunications equipment sales. As consumer behavior shifts towards data-centric applications, Telecom Argentina ingeniously pivots its business model to capitalize on the burgeoning demand for high-speed internet and mobile data services. By continually expanding its fiber-optic network, it bolsters broadband penetration across urban and rural areas. Furthermore, Telecom Argentina adeptly leverages strategic alliances and partnerships to enhance service offerings and improve customer retention. The company’s ability to adapt to market transitions and technological advancements ensures its foothold in an industry characterized by relentless innovation and competition.

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Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Aug 10, 2023
AI Summary
Q2 2023

EBITDA Margin: Telecom Argentina reported an EBITDA margin of 28.4% for the first half of 2023, managing to keep margins stable despite inflation and cost pressures.

Revenue Performance: Consolidated revenues grew 88% in nominal terms, but declined 9% in real terms due to inflation.

Cost Management: Operating costs before D&A grew below inflation, and cost containment efforts helped offset margin pressures from labor and materials.

Free Cash Flow: Free cash flow before dividends and interest reached $308 million, improving by $52 million year-over-year.

CapEx: CapEx was $655 million over the last 12 months (16% of revenues), with some delays due to import restrictions but ongoing network expansion.

Subscriber Growth: Mobile subscribers in Argentina rose by almost 3% YoY to 20.6 million; FTTH and fintech businesses showed strong growth.

Pricing Strategy: Price increases are now monthly to better keep up with inflation, helping offset revenue erosion.

Key Financials
EBITDA Margin
28.4%
EBITDA
$573 million
Revenue
$2 billion
Free Cash Flow
$308 million
CapEx
$655 million (last 12 months)
Mobile Subscribers (Argentina)
20.6 million
FTTH Connections Growth
up 72% YoY
Pay TV Subscribers
3.4 million
Flow Unique Customers
1.3 million
Personal Pay Clients
1.2 million
Net Debt
$2.4 billion
Net Debt / EBITDA
2.27x
Earnings Call Recording
Other Earnings Calls
2023

Management

Mr. Roberto Daniel Nóbile CPA
Chief Executive Officer
No Bio Available
Mr. Gabriel Pablo Blasi
Chief Financial Officer
No Bio Available
Mr. Gonzalo Hita
Chief Operating Officer
No Bio Available
Mr. Miguel Angel Fernández
Chief Technology Officer
No Bio Available
Mr. Luis F. Rial Ubago
IR Associate
No Bio Available
Mr. Pablo César Casey
Director of Legal & Institutional
No Bio Available
Mr. Alejandro Miralles
Chief Audit & Compliance Officer
No Bio Available
Mr. Pedro L. Lopez Matheu
Director of External Communications, Sustainability & Media
No Bio Available
Mr. Sergio D. Faraudo
Director of Human Capital
No Bio Available
Mr. Sebastián Palla
Chief of Procurement Officer
No Bio Available

Contacts

Address
BUENOS AIRES
Buenos Aires
General Hornos 690
Contacts
+541131002222.0
www.telecom.com.ar