teleco.com.br

11/10/2009

Telecom Argentina

Content of this page : Telecom Argentina's quarter results, operates in Argentina and Paraguay. Includes Telecom Personal.

Telecom Argentina is an operator that provides fixed telephony services, cellular (Telecom Personal), long distance, transmission of datas and internet in Argentina. Through its subsidiary Núcleo, it operates in Paraguay with cell phone telephony.

Telecom Italia is controlled by Nortel Inversora that has 54.74% of Telecom Argentina's shares. Nortel is controlled by Sofora Telecomunicações that has 67.78% of ordinary shares. The biggest shareholder of Sofora is Telecom Italia with 50% of shares.

Thousands	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	∆Qter	∆Year
Argentina	10,822	11,379	11,941	12,564	13,171	13,586	13,994	3.0%	17.2%
Paraguay	1,693	1,746	1,818	1,800	1,831	1,768	1,784	0.9%	(1.9%)
Total	12,515	13,125	13,759	14,364	15,002	15,354	15,778	2.8%	14.7%

Million	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	∆Qter	∆Year
Mobile Accesses	10.9	11,379	11,941	12,564	13,171	13,586	13,994	3.0%	17.2%
Pre (%)	65.8%	66.1%	66.2%	66.0%	67.0%	68%	69%	-	-
SMS	990	1,134	1,594	1,454	2,470	2,624	2,923	11.4%	83.4%
MOU	84	85	86	83	98	97	99	2.1%	15.1%
ARPU*	40	40	42	42	40	40	40	0.0%	(4.8%)

Million US$	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	∆Qter	∆Year
Revenue	782	851	875	817	763	788	809	2.6%	(7.5%)
Fixed Tel.	272	298	294	281	264	273	274	0.6%	(6.6%)
Cell Tel.	510	553	581	536	499	516	535	3.7%	(8.0%)
EBITDA	277	268	260	240	247	249	264	6.0%	1.4%
EBITDA Margin	35.4%	31.4%	29.8%	29.4%	32.4%	31.6%	32.6%	-	-
EBIT	168	203	157	145	168	185	189	2.0%	20.2%
EBIT margin	21.5%	23.8%	17.9%	17.8%	22.1%	23.5%	23.3%	-	-

Million Argentinian pesos	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	∆Qter	∆Year
Revenue	2,480	2,571	2,738	2,819	2,829	2,925	3,107	6.2%	13.5%
Fixed Tel.	863	901	919	970	979	1,011	1,053	4.2%	14.6%
Cell Tel.	1,617	1,670	1,819	1,849	1,850	1,914	2,054	7.3%	12.9%
EBITDA	879	808	815	828	917	924	1,014	9.7%	24.4%
EBITDA Margin	35.4%	31.4%	29.8%	29.4%	32.4%	31.6%	32,6%	-	-
EBIT	534	613	491	501	625	686	724	5.5%	47.5%
EBIT margin	21.5%	23.8%	17.9%	17.8%	22.1%	23.5%	23.3%	-	-

Thousands	2005	2006	2007	2008	∆Year
Argentina	6,150	8,425	10,666	12,600	18.1%
Paraguay	651	1,164	1,626	1,800	10.7%
Total	6,801	9,589	12,292	14,400	17.1%

Millions US$	2005	2006	2007	2008	∆Year
Revenue	1,893	2,430	2,881	3,075	6.7%
Fixed Tel.	967	1,001	1,048	1,059	1.0%
Cell Tel.	926	1,411	1,832	2,016	10.0%
EBITDA	663	754	969	965	(0.4%)
EBITDA margin	35.0%	31.0%	33.6%	31.4%	-
EBIT	167	299	519	592	13.9%
EBIT margin	8.8%	12.3%	18.0%	19.2%	-
Investments	-	345	425	522	22.7%
Net Profit	-	80	256	314	22.9%

Million Pesos Argentinos	2005	2006	2007	2008	∆Year
Revenue	5,718	7,437	9,074	10,608	16.9%
Fixed Tel.	2,921	3,064	3,302	3,653	10.6%
Cell Tel.	2,797	4,319	5,772	6,955	20.5%
EBITDA	2,002	2,307	3,052	3,330	9.1%
EBITDA margin	35.0%	31.0%	33.6%	31.4%	-
EBIT	504	915	1,636	2,041	24.8%
EBIT margin	8.8%	12.3%	18.0%	19.2%	-
Investments	-	1,055	1,302	1,597	22.7%
Net Profit	-	244	782	961	22.9%

Thousands	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	∆Qter(%)	∆Year
Fixed Telephones	4,224	4,253	4,292	4,300	4,306	4,335	4,347	0.3%	1.3%
Broadband Subscribers	841	902	976	1,042	1,068	1,120	1,179	5.3%	20.8%

Thousands	2005	2006	2007	2008	∆Year
Fixed telephones	3,950	4,095	4,208	4,300	2.2%
Broadband Subscribers	225	457	783	1,042	33.1%