TELECOM ARGENTINA SA (TEO) Form 6-K — Aug 10, 2026
Telecom Argentina reported 1H26 net income of P$869,038 million (P$853,902 million attributable to the controlling company) versus a P$100,900 million net loss in 1H25, on revenues of P$5,075,511 million, up 13.4% year-over-year. Basic and diluted EPS were P$396.48 for the six months and P$80.86 for the second quarter. Adjusted EBITDA rose 35.1% to P$1,816,819 million (35.8% of revenues) and operating income jumped 186.8% to P$674,203 million.
Key figures
- Eps
- P$396.48 (1H26 basic and diluted); P$80.86 (Q2 2026)
- Revenue
- P$5,075,511 million (1H26)
- Net Income
- P$869,038 million (1H26) vs net loss of P$100,900 million (1H25)
- Total Debt
- P$5,603,415 million borrowings (June 30, 2026) vs P$6,352,457 million (Dec 31, 2025)
- Revenue Yoy
- +13.4% (1H26 vs 1H25)
- Cash Position
- P$401,241 million (June 30, 2026) vs P$548,065 million (Dec 31, 2025)
- Shares Outstanding
- 2,153,688,011 weighted average
- Employees
- 17,289 at Telecom Argentina, -7.9% YoY; 8,716 at TMA, -11.7% YoY
- Capex 1 H26
- P$946,470 million
- Q2 2026 revenue
- P$2,558,330 million (vs P$2,549,353 million Q2 2025)
- Q2 2026 net Income
- P$182,557 million (vs net loss of P$232,854 million Q2 2025)
- Mobile Customers TMA
- 19.5 million, +1.2% YoY
- Personal Mobile ARPU
- P$11,772.2, +18.4% YoY
- Adjusted EBITDA 1 H26
- P$1,816,819 million, +35.1% YoY, 35.8% of revenues
- Divestiture Deadline
- 18 months from June 17, 2026 resolution, extendable to max 24 months; purchaser proposals due within 60 business days
- Operating Income 1 H26
- P$674,203 million, +186.8% YoY
- Operating Cash Flow 1 H26
- P$1,712,356 million
- Mobile Customers Personal
- 19.4 million, -7.1% YoY
- Cable TVCustomers Personal
- 3.4 million, +6.6% YoY
- Internet Customers Personal
- 4.2 million, +2.7% YoY
- Micro Sistemas Deconsolidation Gain
- P$32,824 million gain on loss of control of Micro Sistemas in 1H26
- Divestiture Mobile Customers Required
- 6000000
- Divestiture Internet Customers Required
- 211400
AI analysis
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