Telecom Argentina Files 6-K with Financials and Inflation Data
Ticker: TCMFF · Form: 6-K · Filed: Aug 15, 2024 · CIK: 932470
| Field | Detail |
|---|---|
| Company | Telecom Argentina SA (TCMFF) |
| Form Type | 6-K |
| Filed Date | Aug 15, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 16 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, inflation, reporting
TL;DR
Telecom Argentina dropped its Q2 financials and inflation report. Check it out.
AI Summary
Telecom Argentina S.A. filed a Form 6-K on August 15, 2024, providing unaudited condensed consolidated financial statements as of June 30, 2024. The filing also includes an operating and financial review and prospects, along with capsule financial information illustrating the effects of inflation from December 31, 2023, to June 30, 2024.
Why It Matters
This filing provides investors with an update on Telecom Argentina's financial health and its performance in an inflationary environment, crucial for understanding its current operational standing.
Risk Assessment
Risk Level: low — This is a routine financial filing (6-K) and does not contain any new material events or significant changes.
Key Players & Entities
- TELECOM ARGENTINA SA (company) — Filer
- June 30, 2024 (date) — Financial statement date
- August 15, 2024 (date) — Filing date
- December 31, 2023 (date) — Inflation reporting start date
FAQ
What specific financial statements are included in this 6-K filing?
The filing includes unaudited condensed consolidated financial statements as of June 30, 2024.
What period does the inflation information cover?
The capsule financial information illustrates the effects of inflation from December 31, 2023, to June 30, 2024.
What is the principal executive office address for Telecom Argentina S.A.?
The address is General Hornos, No. 690, 1272 Buenos Aires, Argentina.
Does Telecom Argentina file annual reports under Form 20-F or 40-F?
The registrant indicates it files annual reports under cover of Form 20-F.
What is the SIC code for Telecom Argentina S.A.?
The Standard Industrial Classification code is 4813, for Telephone Communications (No Radio Telephone).
Filing Stats: 4,093 words · 16 min read · ~14 pages · Grade level 13 · Accepted 2024-08-15 11:46:02
Filing Documents
- tm2421577d1_6k.htm (6-K) — 1604KB
- 0001104659-24-089979.txt ( ) — 1606KB
financial statements, except for
financial statements, except for: Companies under common control
Business
Business combinations between companies under common control are accounted for considering the book value of the acquired company in the parent company. Unrealized result is also eliminated unless the transaction provides evidence of the asset transferred. These unaudited condensed consolidated financial statements were prepared including in the consolidation process the following companies: Company Main activity Country Telecom Argentina's direct /indirect interest in capital stock and votes Núcleo (a) Mobile telecommunications Services Paraguay 67.50% Micro Fintech Holding (b) Holding USA 100.00% Personal Envíos (b) Mobile financial services Paraguay 67.50% Televisión Dirigida Cable television services Paraguay 100.00% Naperville (c) Holding USA 51.00% AVC Continente Audiovisual Broadcasting services Argentina 100.00% Inter Radios Broadcasting services Argentina 100.00% Micro Sistemas Services related to the use of electronic payment media Argentina 100.00% Pem Investment Argentina 100.00% Cable Imagen Closed-circuit television Argentina 100.00% Personal Smarthome (d) Security solutions and services Argentina 100.00% NYS2 (d) ICT Services and Audiovisual Communication Services. Argentina 100,00% NYSSA Provision of internet access services. Argentina 100.00% Adesol (e) Holding Uruguay 100.00% Opalker Cybersecurity, content platform and related services Uruguay 100.00% Ubiquo (f) Cybersecurity services and products Chile 95.00% Telecom USA Telecommunication services USA 100.00% (a) During June 2024, the merger by absorption between Núcleo (absorbing company) with Tuves Paraguay (absorbed company) has taken place. For further details, see Note 25.2.b.1). (b) Since May 2024, the subsidiary Micro Fintech Holding directly controls Personal Envíos. For further details, see Note 25.2.b.2). (c) Company indirectly acquired by the subsidi