teleco.com.br

03/15/2010

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	4Q09	∆Qter	∆Year
Argentina	10,822	11,379	11,941	12,564	13,171	13,586	13,994	14,475	3.4%	15.2%
Paraguay	1,693	1,746	1,818	1,800	1,831	1,768	1,784	1,806	1.2%	0.3%
Total	12,515	13,125	13,759	14,364	15,002	15,354	15,778	16,281	3.2%	13.3%

Million	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	4Q09	∆Qter	∆Year
Mobile Accesses	10.9	11,379	11,941	12,564	13,171	13,586	13,994	14.475	3.4%	15.2%
Pre (%)	65.8%	66.1%	66.2%	66.0%	67.0%	68%	69%	69.0%	-	-
SMS	990	1,134	1,594	1,454	2,470	2,624	2,923	3.334	14.1%	129.3%
MOU	84	85	86	83	98	97	99	101	2.0%	21.7%
ARPU*	40	40	42	42	40	40	40	41	2.5%	(2.4%)

Million US$	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	4Q09	∆Qter	∆Year
Revenue	782	851	875	817	763	788	809	883	9.1%	8.1%
Fixed Tel.	272	298	294	281	264	273	274	293	6.9%	4.3%
Mobile Tel.	510	553	581	536	499	516	535	592	10.7%	10.5%
EBITDA	277	268	260	240	247	249	264	275	4.1%	14.6%
EBITDA Margin	35.4%	31.4%	29.8%	29.4%	32.4%	31.6%	32.6%	31.1%	-	-
EBIT	168	203	157	145	168	185	189	193	2.2%	32.7%
EBIT margin	21.5%	23.8%	17.9%	17.8%	22.1%	23.5%	23.3%	21.8%	-	-

Million Argentinian pesos	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	4Q09	∆Qter	∆Year
Revenue	2,480	2,571	2,738	2,819	2,829	2,925	3,107	3,355	8.0%	19.0%
Fixed Tel.	863	901	919	970	979	1,011	1,053	1,114	5.8%	14.8%
Cell Tel.	1,617	1,670	1,819	1,849	1,850	1,914	2,054	2,251	9.6%	21.7%
EBITDA	879	808	815	828	917	924	1,014	1,045	3.1%	26.2%
EBITDA Margin	35.4%	31.4%	29.8%	29.4%	32.4%	31.6%	32.6%	31.1%	(4.6%)	6.0%
EBIT	534	613	491	501	625	686	724	732	1.1%	46.1%
EBIT margin	21.5%	23.8%	17.9%	17.8%	22.1%	23.5%	23.3%	21.8%	(6.4%)	22.8%

Thousands	2006	2007	2008	2009	∆Year
Argentina	8,425	10,666	12,564	14,475	15.2%
Paraguay	1,164	1,626	1,800	1,806	0.3%
Total	9,589	12,292	14,364	16,281	13.3%

Millions US$	2006	2007	2008	2009	∆Year
Revenue	2,430	2,881	3,075	3,217	4.6%
Fixed Tel.	1,001	1,048	1,059	1,094	3.3%
Cell Tel.	1,411	1,832	2,016	2,123	5.3%
EBITDA	754	969	965	1,026	6.3%
EBITDA margin	31.0%	33.6%	31.4%	31.9%	-
EBIT	299	519	592	728	23.1%
EBIT margin	12.3%	18.0%	19.2%	22.6%	-
Investments	345	425	522	446	(3.8%)
Net Profit	80	256	314	370	32.7%

Million Pesos Argentinos	2006	2007	2008	2009	∆Year
Revenue	7,437	9,074	10,608	12,226	15.3%
Fixed Tel.	3,064	3,302	3,653	4,157	13.8%
Cell Tel.	4,319	5,772	6,955	8,069	16.0%
EBITDA	2,307	3,052	3,330	3,900	17.1%
EBITDA margin	31.0%	33.6%	31.4%	31.9%	-
EBIT	915	1,636	2,041	2,767	35.6%
EBIT margin	12.3%	18.0%	19.2%	22.6%	-
Investments	1,055	1,302	1,599	1,694	5.9%
Net Profit	244	782	961	1,405	46.2%

Thousands	1Q08	2Q08	3Q08	4Q08	1Q09	2Q09	3Q09	4Q09	∆Qter(%)	∆Year
Fixed Telephones	4,224	4,253	4,292	4,300	4,306	4,335	4,347	4,364	0.4%	1.5%
Broadband Subscribers	841	902	976	1,042	1,068	1,120	1,179	1,223	3.7%	17.4%

Thousands	2006	2007	2008	2009	∆Year
Fixed telephones	4,095	4,208	4,300	4,364	1.5%
Broadband Subscribers	457	783	1.042	1.223	17.4%