Telecom Argentina S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 06:05 am EDT
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Telecom Argentina S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was ARS 126,897 million compared to ARS 145,009 million a year ago. Net income was ARS 3,664 million compared to net loss of ARS 19,192 million a year ago.
For the six months, sales was ARS 264,577 million compared to ARS 295,198 million a year ago. Net income was ARS 31,260 million compared to net loss of ARS 3,288 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. 
