PR Newswire
BUENOS AIRES, Argentina, May 10, 2022
Note: For the figures included in their FFSS, the Company has accounted for the effects of inflation adjustment adopted by Resolution 777/18 of the Comisión Nacional de Valores ("CNV"), which establishes that the restatement will be applied to the annual financial statements, for intermediate and special periods ended as of March 31, 2018 inclusive. Accordingly, the reported figures corresponding to 1Q22 include the effects of the adoption of inflationary accounting in accordance with IAS 29. Finally, comments related to variations of results of 1Q22 and vs. 1Q21 mentioned in this press release correspond to "figures restated by inflation" or "constant".
*Market Cap as of May 9th, 2022
**Unaudited non financial data
BUENOS AIRES, Argentina, May 10, 2022 /PRNewswire/ -- Telecom Argentina S.A. ('Telecom Argentina') - (NYSE: TEO; BYMA: TECO2), announced today a net income of P$23,745 million for the period ended March 31, 2022 (+69.9% vs. 1Q21). The net income attributable to the controlling company was P$23,526 million (+73.5% vs. 1Q21).
(in million P$ adjusted by inflation, except where noted)** | | IAS 29 | | | IAS 29 | | | | |
| As of March 31, Kurse
| | | As of March 31, | | Δ $ | | Δ % | |
| 2022 | | | 2021 | | | |||
Consolidated Revenues | | 117,372 | | | 128,036 | | (10,664) | | -8.3% |
Operating Income before D&A | | 40,691 | | | 46,602 | | (5,911) | | -12.7% |
Operating Income | | 1,257 | | | 8,356 | | (7,099) | | -85.0% |
Net income before income tax expense | | 23,717 | | | 18,985 | | 4,732 | | 24.9% |
Net income attributable to Controlling Company | | 23,526 | | | 13,558 | | 9,968 | | 73.5% |
Shareholders' equity attributable to Controlling Company | | 650,675 | | | 683,665 | | (32,990) | | -4.8% |
Net Financial Debt | | (251,888) | | | (287,606) | | 35,718 | | -12.4% |
Investments in PP&E, intangible assets & rights of use assets * | | 18,783 | | | 30,279 | | (11,496) | | -38.0% |
| | | | | | | | | |
Fixed lines in service (in thousand lines) *** | | 2,297 | | | 2,752 | | (455) | | -16.5% |
Mobile customers (in thousand) | | 22,405 | | | 21,004 | | 1,401 | | 6.7% |
Personal (Argentina) | | 20,163 | | | 18,796 | | 1,367 | | 7.3% |
Núcleo (Paraguay) -including Wimax customers- | | 2,242 | | | 2,208 | | 34 | | 1.6% |
Broadband accesses in Argentina (in thousand) | | 4,238 | | | 4,172 | | 66 | | 1.6% |
Pay TV Subscribers (in thousand) | | 3,535 | | | 3,525 | | 11 | | 0.3% |
| | | | | | | | | |
Average Billing per user (ARBU) Fixed Telephony / voice (in P$ - Restated by inflation) | | 970.9 | | | 914.4 | | 56.5 | | 6.2% |
Average Revenue per user (ARPU) Mobile Services - Personal (in P$ - Restated by inflation) | | 682.5 | | | 753.0 | | (70.5) | | -9.4% |
Average Revenue per user (ARPU) Broadband (in P$ - Restated by inflation) | | 2,000.5 | | | 2,107.0 | | (106.5) | | -5.1% |
Average Revenue per user (ARPU) Cable TV (in P$ - Restated by inflation) Werbung Mehr Nachrichten zur Telecom Argentina SA B ADR Aktie kostenlos abonnieren
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