)
Telecom Argentina (TEO) investor relations material
Telecom Argentina Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated financials for 1H26 include a full six months of TMA, with revenues up 23% year-over-year to $3.4 billion and EBITDA margin rising to 35.8%.
Net income swung to ARS 870 billion (P$869,038 million), reversing a prior loss, mainly due to exchange rate effects and improved efficiency.
Strong operational performance with real growth in service revenues and ARPU across mobile, broadband, and Pay TV.
Continued focus on network expansion, digital ecosystem growth, and efficiency initiatives, including 5G and FTTH deployments.
Maintained solid cash generation, with free cash flow before dividends and interest reaching $404 million, more than doubling year-over-year.
Financial highlights
Consolidated revenues exceeded $3.4 billion, up 23% year-over-year; service revenues grew 16% in constant pesos.
EBITDA margin improved to 35.8%, with adjusted EBITDA margin at 40.2% in 2Q26.
Net income was ARS 870 billion, reversing a loss of ARS 100 billion in the prior year.
Free cash flow before dividends and interest was $404 million, up from $199 million in 1H25.
CAPEX for 1H26 was $639 million, representing 18.6% of revenues, focused on mobile and FTTH expansion.
Outlook and guidance
Ongoing investments in FTTH and 5G to capture future connectivity demand and drive growth.
Continued execution of efficiency initiatives and disciplined cost management.
Management highlights ample liquidity and a smoother debt maturity profile to support ongoing investments.
- Higher EBITDA and cash generation contrasted with real revenue pressure and a quarterly net loss.TEO
Q3 2026 - EBITDA margin hit a multi-year high as revenue and net income surged, with net debt declining.TEO
Q1 2026 - Revenue surged 53% with record EBITDA margin, but FX losses led to a net loss.TEO
Q4 2025 - Revenue and EBITDA surged post-TMA, but FX losses resulted in a net loss of ARS 272B.TEO
Q3 2025 - Revenue and EBITDA up, but net loss due to financial costs and TMA acquisition impact.TEO
Q2 2025 - Transformation into a tech ecosystem and regulatory reforms drive growth and margin recovery.TEO
Investor Day 2024 - Net income soared on exchange gains, with stable margins and improved debt profile.TEO
Q3 2024 - EBITDA margin rose to 29.7% in H1 2024, with strong mobile and fintech growth.TEO
Q2 2024 - TMA acquisition drives market leadership, revenue growth, and higher EBITDA margin.TEO
Q1 2025
Next Telecom Argentina earnings date
Next Telecom Argentina earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)