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Telecom Argentina S.A.

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Description

Telecom Argentina is an Argentine telco that owns licenses to provide fixed-line and mobile services, public telephony, internet, and local, long-distance and international telephony services. In the mobile telephony segment, it operates in the local market through its Personal brand, while in Paraguay it owns the Nucleo brand. In Argentina, the operator currently provides 4G services in 600 locations, including all 23 capital cities and the Buenos Aires metropolitan region, and has 3.9 million fixed lines in service, 19.9 million mobile lines and 1.8 million broadband subscribers. In 2016, Hedge Fund Fintech acquired a 51% stake in Telecom Argentina from Sofora, which until 2016, was a subsidiary of Telecom Italia, with a 68% stake.

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