BUENOS AIRES, Argentina,
March 18, 2020 /PRNewswire/ --
Telecom Argentina (NYSE: TEO,
BASE: TECO2), ("Telecom Argentina" or the "Company"), a
leading telecommunications company in Argentina, announces that it has submitted
today its 2019 Annual Report on Form 20-F to the U.S. Securities
and Exchange Commission ("SEC"), which includes our audited
financial statements under International Financial Reporting
Standards ("IFRS") as of and for the year ended December 31, 2019.
Telecom Argentina's 2019 Form
20-F and the referred audited financial statements as of and for
the year ended December 31, 2019 can
be accessed and downloaded from the English version of the
"Inversores" section of the Company's website at
www.telecom.com.ar. In addition, these documents can be found on
the SEC webpage (www.sec.gov) under "Search for Company Filings /
Companies & Other Filers", under the CIK code No.
0000932470.
Finally, shareholders are informed that, upon request, the
Company will provide a hard copy of the filed 2019 Form 20-F, which
includes the audited financial statements as of and for the fiscal
year ended December 31, 2019, free of
charge. Any such request and/or any questions related to the
Company's Form 20-F and the financial statements should be made to
the following persons:
Solange Barthe
Dennin
(5411) 4968
3752
Tel: (5411) 4968 3628
Fax: (5411) 4968
3616
E-mail:
relinver@teco.com.ar
|
Luis F. Rial
Ubago
(5411) 4968
3718
|
Nahuel
Monsalvo
(5411) 4698
4448
|
Telecom Argentina is a leading
telecommunications company in Argentina, where it offers, either itself or
through its controlled subsidiaries local and long distance
fixed-line telephony, cellular, data transmission, and pay TV and
Internet services, among other services. Additionally, Telecom
Argentina offers mobile, broadband and satellite TV services in
Paraguay and pay TV services in
Uruguay. The Company commenced
operations on November 8, 1990, upon
the Argentine government's transfer of the telecommunications
system in the northern region of Argentina.
As of December 31, 2019, Telecom
Argentina has 2,153,688,011 shares issued and outstanding.
For more information, please contact Investor Relations:
Solange Barthe
Dennin
(5411) 4968
3752
|
Luis F. Rial
Ubago
(5411) 4968
3718
|
Nahuel
Monsalvo
(5411) 4698
4448
|
|
Voice Mail: (5411) 4968 3628
Fax: (5411) 4968 3616
E-mail: relinver@teco.com.ar
For information about Telecom Argentina's services, visit:
www.telecom.com.ar
www.personal.com.ar
www.personal.com.py
www.cablevisionfibertel.com.ar
Disclaimer
This document may contain statements that could constitute
forward-looking statements, including, but not limited to (i) the
Company's expectations for its future performance, revenues,
income, earnings per share, capital expenditures, dividends,
liquidity and capital structure; (ii) the synergies expected from
the merger between the Company and Cablevisión S.A. (or the
Merger); (iii) the implementation of the Company's business
strategy; (iv) the changing dynamics and growth in the
telecommunications and cable markets in Argentina, Paraguay and Uruguay; (v) the Company's outlook for new and
enhanced technologies; (vi) the effects of operating in a
competitive environment; (vii) the industry conditions; (viii) the
outcome of certain legal proceedings; and (ix) regulatory and legal
developments. Forward-looking statements may be identified by words
such as "anticipate," "believe," "estimate," "expect," "intend,"
"plan," "project," "will," "may" and "should" or other similar
expressions. Forward-looking statements reflect the current views
of the management of the Company with respect to future events.
They are not guarantees of future performance and involve certain
risks and uncertainties that are difficult to predict. In addition,
certain forward-looking statements are based upon assumptions as to
future events that may not prove to be accurate. Many factors could
cause actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements. These factors include, among others:
(i) the Company's ability to successfully implement our business
strategy and to achieve synergies resulting from the Merger; (ii)
the Company's ability to introduce new products and services that
enable business growth; (iii) uncertainties relating to political
and economic conditions in Argentina, Paraguay and Uruguay; (iv) inflation, the devaluation of
the peso, the Guaraní and the Uruguayan peso and exchange rate
risks in Argentina, Paraguay and Uruguay; (v) restrictions on the ability to
exchange Argentine or Uruguayan pesos or Paraguayan guaraníes into
foreign currencies and transfer funds abroad; (vi) the manner in
which the Argentine government regulates Law No. 27,078, the
Argentina Digital Law or, as amended by Decree No. 267/15; (vii)
the creditworthiness of our actual or potential customers; (viii)
the nationalization, expropriation and/or increased government
intervention in companies; (ix) technological changes; (x) the
impact of legal or regulatory matters, changes in the
interpretation of current or future regulations or reform and
changes in the legal or regulatory environment in which the Company
operates; (xi) the effects of increased competition; (xii) reliance
on content produced by third parties; (xiii) increasing cost of the
Company's supplies; (xiv) inability to finance on reasonable terms
capital expenditures required to remain competitive; (xv)
fluctuations, whether seasonal or in response to adverse
macro-economic developments, in the demand for advertising; and
(xvi) the Company's ability to compete and develop our business in
the future. Many of these factors are macroeconomic and regulatory
in nature and therefore beyond the control of the Company's
management. Should one or more of these risks or uncertainties
materialize, or underlying assumptions prove incorrect, actual
results may vary materially from those described herein as
anticipated, believed, estimated, expected, intended, planned or
projected. The Company does not intend and does not assume any
obligation to update the forward-looking statements contained in
this document. These forward-looking statements are based upon a
number of assumptions and other important factors that could cause
our actual results, performance or achievements to differ
materially from our future results, performance or achievements
expressed or implied by such forward-looking statements. Readers
are encouraged to consult the Company's Annual Report on Form 20-F
and the periodic filings made on Form 6-K, which are periodically
filed with or furnished to the United States Securities and
Exchange Commission, as well as the presentations periodically
filed before the Argentine Securities and Exchange Commission
(Comisión Nacional de Valores) and the Buenos Aires Stock
Exchange (Bolsas y Mercados Argentinos), for further
information concerning risks and uncertainties faced by the
Company.
Contact:
Solange Barthe Dennin
Telecom Argentina
(5411) 4968 3752
View original
content:http://www.prnewswire.com/news-releases/telecom-argentina-sa-announces-the-filing-of-its-form-20-f-with-the-us-securities-and-exchange-commission-301026543.html
SOURCE Telecom Argentina S.A.