Telecom Argentina Files Form 20-F with SEC, Reveals Key Financial Metrics
Telecom Argentina submitted its Form 20-F to the SEC for 2024, including IFRS financial statements. The company reported a market cap of US$4.78 billion and offers varied services in Argentina, Paraguay, and Uruguay. With over 2.15 billion shares outstanding, it has significant revenue streams but faces currency and regulatory challenges in the current economic environment.
Telecom Argentina S.A. has announced the submission of its Form 20-F for the fiscal year 2024 to the U.S. Securities and Exchange Commission (SEC). This document includes the audited financial statements in accordance with International Financial Reporting Standards (IFRS) for the year ending December 31, 2024. The company reported a market capitalization of approximately US$4.78 billion as of February 27, 2025, and these filings are readily accessible on both their investor relations page and the SEC website.
As a premier telecommunications provider in Argentina, Telecom Argentina delivers a diverse array of services such as fixed-line telephony, cellular communication, data transmission, pay television, and internet access. The firm extends its operations beyond Argentina, providing mobile, broadband, and satellite TV services in Paraguay, as well as pay TV services in Uruguay. As of the end of 2024, the company had 2,153,688,011 shares issued and outstanding.
Telecom Argentina emphasizes its robust market presence, driven by diverse revenue sources from its operations across three countries. However, the company faces significant risks due to currency fluctuations and regulatory challenges stemming from new government policies in Argentina. Additionally, the macroeconomic landscape of Latin America introduces further vulnerabilities that may affect performance.
In summary, Telecom Argentina has disclosed its 2024 financial performance through the filing of its Form 20-F with the SEC, showcasing a strong market capitalization and a wide range of services offered in Argentina and neighboring countries. Although the company thrives in a competitive telecommunications environment, it must navigate potential risks related to currency and regulatory changes. Telecom Argentina continues to position itself effectively while remaining vigilant of the challenges that could impact its operations and financial health.
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