LegalMay 11, 2026, 05:22 PM
Telecom Argentina fined AR$5M, ordered to reimburse clients
AI Summary
Telecom Argentina S.A. announced it was notified of a decision by the National Court of First Instance on Commercial Matters N° 17. The court upheld an action brought by Proconsumer, ordering Telecom Argentina to reimburse clients for amounts paid under "cargo Revista Miradas" along with interests. Additionally, the company was fined AR$ 5,000,000 as punitive damage. Telecom Argentina, with legal counsel, plans to appeal the ruling.
Key Highlights
- National Court of First Instance upheld action by Proconsumer against Telecom Argentina.
- Company ordered to reimburse clients for amounts paid under "cargo Revista Miradas" plus interests.
- Telecom Argentina condemned to pay a AR$ 5,000,000 fine as punitive damage.
- Company intends to appeal the court's ruling.
Price Impact
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