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Telecom Argentina Announces Strategic Corporate Reorganization

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Telecom Argentina Announces Strategic Corporate Reorganization

An update from Telecom Argentina ( (TEO) ) is now available.

On February 27, 2025, Telecom Argentina announced a corporate reorganization plan to merge its subsidiaries, Negocios y Servicios S.A.U. and AVC Continente Audiovisual S.A., effective from January 1, 2025. This strategic move, pending shareholder approval in April 2025, aims to streamline operations and potentially enhance market positioning, aligning with legal and tax regulations.

More about Telecom Argentina

Telecom Argentina S.A. operates in the telecommunications industry, providing a range of services including fixed-line, mobile, and broadband internet services primarily in Argentina.

YTD Price Performance: -19.57%

Average Trading Volume: 255,229

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.49B

For an in-depth examination of TEO stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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