Quarterly ResultMay 11, 2026, 05:22 PM
Telecom Argentina Q1 Net Income P$642.9B; Revenues P$2.35T
AI Summary
Telecom Argentina reported a significant increase in consolidated net income to P$642,984 million in Q1 2026, up from P$123,593 million in Q1 2025, primarily driven by higher foreign exchange gains. Consolidated revenues reached P$2,357,686 million, a 33.6% increase year-over-year, largely due to the full consolidation of TMA results. The company also achieved a 34.8% operating income margin and reduced its net financial debt by 15.6% in real terms. Additionally, shareholders approved the distribution of up to US$300,000,000 in dividends.
Key Highlights
- Consolidated net income surged to P$642,984 million in 1Q26, from P$123,593 million in 1Q25.
- Consolidated revenues increased 33.6% to P$2,357,686 million in 1Q26.
- Operating Income before D, A & D margin improved to 34.8% (+1.6 p.p. vs. 1Q25).
- Consolidated CAPEX rose 85.1% to P$433,768 million in 1Q26.
- Net financial debt decreased 15.6% in real terms to P$4,296,790 million.
- Shareholders approved up to US$300,000,000 in dividend distribution.
- Telecom (ex-TMA) mobile accesses declined 8.9% to 19.4 million.
- Telecom (ex-TMA) fixed broadband accesses grew 3.3% to 4.2 million.