Telecom Argentina S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 05:05 pm EDT
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Telecom Argentina S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was ARS 251,350 million compared to ARS 273,566 million a year ago. Net income was ARS 3,473 million compared to ARS 7,897 million a year ago.
For the six months, sales was ARS 517,253 million compared to ARS 570,376 million a year ago. Net income was ARS 37,833 million compared to ARS 67,390 million a year ago.
Telecom Argentina S.A. provides fixed-line telecommunications services in Argentina, and also provides other telephone-related services, such as international long-distance service, data transmission, information technology solutions outsourcing and Internet services. The Company's segments include Fixed Telecommunications Services (Fixed Services), Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services). The Company, through its subsidiaries, also provides mobile telecommunications services and international wholesale services. The Fixed services segment consists of basic telephone services, interconnection services, data transmission and Internet services, information and communication technology services, and other telephone services. The Company, through its subsidiaries, such as Telecom Personal S.A. and Nucleo S.A., provides mobile services in Argentina and Paraguay, respectively.
TELECOM ARGENTINA S.A. 
