Telecom Argentina Reports Q3 Revenue Growth Driven by Service Revenues
Telecom Argentina (TEO) reported third-quarter revenue of $1.78 billion, representing an 18.7% year-over-year increase and exceeding market expectations by $40 million. The growth was primarily driven by service revenues, which reached $1.714 billion, up 19% compared to the same period last year. Despite the dollar-denominated growth, service revenues in local currency terms saw a real decrease of 2% compared to Q3 2025. This decline was attributed to extraordinary discounts granted by the company. The results highlight the impact of inflationary pressures and strategic pricing adjustments within the Argentine market.
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