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

TELECOM ARGENTINA SA (TEC2)
Mes dernières consult.
Most popular
Report
SummaryNewsCalendarCompanyFinancialsConsensusRevisions 
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 CET

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; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELECOM ARGENTINA SA
12/01 TELECOM ARGENTINA : and Huawei Awarded for Co-Constructed Cloud Core Network
10/19 TELECOM ARGENTINA : wins 'Best Voice Virtualized Network' Award
09/04 TELECOM ARGENTINA : shareholders approve Cablevision merger
08/10 NORTEL INVERSORA : S.A. Announces Consolidated First Half Results For Fiscal Yea..
07/05 TELECOM ARGENTINA : Featured Company News - Telecom Argentina and Cablevisión Co..
07/05 TELECOM ARGENTINA SA : Featured Company News - Telecom Argentina and Cablevisión..
07/05 TELECOM ARGENTINA : Nucleo acquires satellite player TuVes Paraguay in cut-price..
07/05 TELECOM ARGENTINA : to move into broadband and pay-TV by merging with Cablevisin
05/18 TELECOM ARGENTINA : and Nortel Announce CNV Authorization of the Publication of ..
05/13 NORTEL INVERSORA : S.A. Announces Consolidated First Quarter Results for Fiscal ..
More news
News from SeekingAlpha
11/10 Telecom Argentina logs strong financials, customer decline
11/10 Telecom Argentina reports Q3 results
09/06 Nortel Inversora Still Trades At A Sizable Discount To Intrinsic Value, Stron..
08/31 Cablevisión shareholders approve Telecom Argentina merger
08/10 America Movil +1.9% as Morgan Stanley likes Mexico, Brazil telecoms
Financials ( ARS)
Sales 2017 64 871 M
EBIT 2017 9 545 M
Net income 2017 -
Debt 2017 7 778 M
Yield 2017 1,60%
P/E ratio 2017 20,57
P/E ratio 2018 22,69
EV / Sales 2017 1,07x
EV / Sales 2018 0,90x
Capitalization 61 863 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Average target price 114  ARS
Spread / Average Target -14%
EPS Revisions
Managers
NameTitle
Carlos Moltini Chief Executive Officer
Mariano Marcelo Ibáñez Chairman
Roberto D. Nóbile Chief Operating Officer
Pedro G. Insussarry Chief Financial Officer
Nestor G. Bergero Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
TELECOM ARGENTINA SA3 537
VERIZON COMMUNICATIONS-0.92%214 864
NIPPON TELEGRAPH AND TELEPHONE CORP9.91%99 592
DEUTSCHE TELEKOM-7.21%84 277
TELEFONICA-6.59%50 333
ORANGE0.97%45 817