Telecom Argentina S.A. Reports Unaudited Consolidated Earnings Results for the Year Ended December 31, 2020
March 10, 2021 at 05:37 am IST
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Telecom Argentina S.A. reported unaudited consolidated earnings results for the year ended December 31, 2020. For the period, the company reported consolidated revenues of ARS 301,596 million against ARS 322,686 million a year ago. Operating income was ARS 20,294 million against ARS 21,503 million a year ago. Net loss attributable to controlling company was ARS 5,715 million against ARS 5,985 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.