Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  BOLSA DE COMERCIO DE BUENOS AIRES  >  Telecom Argentina SA    TEC2   ARP9028N1016

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Argentina's President Says Number Portability To Start March 30

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/15/2012 | 12:07am CEST

Argentina's President Cristina Kirchner said Wednesday that number portability will be available nationwide on March 30.

Last week, Argentina's quartet of wireless carriers started testing the portability system, which allows consumers to keep their phone number when changing service providers.

Argentina is following in the footsteps of Brazil, Chile and Mexico in adopting number portability.

Mobile operators have already started bombarding consumers with full-page newspaper ads and television commercials touting their products and calling plans.

Franco Bertone, chief executive of Telecom Argentina SA (TEO, TECO2.BA), recently said portability will do more for customers than it will for companies.

"People have started thinking of their phone number as something that they own" and the industry has to adapt to that, Bertone said at a press conference last month.

But portability isn't expected to cause a major shakeup in an industry that has just over 55 million subscribers. In other countries that have portability, just 3% to 5% of customers switch carriers a year, according to wireless industry executives.

Argentina boasts one of the highest mobile phone ownership rates in the world thanks in part to Argentines' adoration of technological gadgets.

In 2010, Argentina had about 142 mobile phones for every 100 residents, according to the International Telecommunications Union. By comparison, Brazil had 104 per 100 residents, Japan 95 and the U.S. 90.

Claro, a unit of Mexico's America Movil SAB (AMOV, AMX, AMX.MX), is the largest of Argentina's four mobile companies with about 19 million customers.

Telecom Argentina SA reported 18.2 million wireless subscribers at the end of December, followed by Spain's Telefonica SA (TEF, TEF.MC) with 16.7 million and U.S.-based NII Holdings Inc's (NIHD) Nextel Argentina unit with 1.5 million.

Industry executives say competition is already cutthroat, but portability will force companies to offer better deals and service.

-By Ken Parks, Dow Jones Newswires; 54-11-4103-6740; ken.parks@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELECOM ARGENTINA SA
03/21 Shareholder shuffle expected at Telecom Argentina
03/10 TELECOM ARGENTINA : 2016 revenues jump 31.5%; net income up 16.8%
02/28 TELECOM ARGENTINA : launches ‘first all-cloud core network in LatAm’..
2016 TELECOM ARGENTINA : Personal Argentina to Raise USD36.76 Million in Private Plac..
2016 TELECOM ARGENTINA : Personal Argentina to Raise USD3.34 Million in Private Place..
2016 TELECOM ARGENTINA : Mobile behind Telecom Argentinas 35.8% revenue surge
2016 TELECOM ARGENTINA : 9M revenues up 35.8%
2016 TELECOM ARGENTINA : Fintech Telecom and Affiliates Announce Second Extension of ..
2016 TELECOM ARGENTINA SA : ex-dividend day for final dividend
2016 TELECOM ARGENTINA : posts 2Q profit
More news
Sector news : Integrated Telecommunications Services - NEC
03/28DJHouse Approves Bill to Overturn FCC Privacy Rule
03/28 Telecom Italia works with Rothschild to find broadband partner - sources
03/27 Norton Rose Fulbright names Soliman chair of Canadian division
03/27DJBT : Fined GBP42 Million Over Openreach Failings
03/24DJOfcom Proposes Automatic Compensation for UK Telecoms Customers
More sector news : Integrated Telecommunications Services - NEC
News from SeekingAlpha
03/10 Telecom Argentina's (TEO) Management on Q4 2016 Results - Earnings Call Trans..
03/08 Telecom Argentina reports FY results
2016 The Low EV/EBIT Strategy, Large Cap Update 2016 YTD
2016 Telecom Argentina S.A. (TEO) Management on Q3 2016 Results - Earnings Call Tr..
2016 Telecom Argentina reports 9M results
Advertisement
Financials ( ARS)
Sales 2017 65 760 M
EBIT 2017 9 028 M
Net income 2017 -
Debt 2017 8 364 M
Yield 2017 2,24%
P/E ratio 2017 13,76
P/E ratio 2018 10,95
EV / Sales 2017 0,64x
EV / Sales 2018 0,55x
Capitalization 33 603 M
More Financials
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 86,8  ARS
Spread / Average Target 25%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Elisabetta Ripa Chief Executive Officer & Director-Human Capital
Omar Chafi Félix President
Mariano Marcelo Ibáñez Chairman
Anibal R. Gómez Chief Operating Officer
Ignacio Cruz Morán Chief Financial Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TELECOM ARGENTINA SA2 137
VERIZON COMMUNICATIONS..-7.64%200 491
NIPPON TELEGRAPH AND T..1.38%93 389
DEUTSCHE TELEKOM AG-0.24%82 236
TELEFONICA SA19.16%57 194
SINGAPORE TELECOMMUNIC..7.69%45 466
More Results