Telecom Argentina (ADR) (TEO)
Connects Argentine customers through fixed, mobile, broadband, and video services.
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Combines fixed and mobile telecommunications with broadband and video services in Argentina. The business was reshaped by the Cablevisión merger and the TMA purchase, whose integration remains subject to regulatory approval.
Combines fixed and mobile telecommunications with broadband and video services in Argentina. Cablevisión's transfer created the converged operator by bringing cable and broadband operations together with mobile and internet services.
TMA, a nationwide provider of mobile and fixed telephony, broadband, and video services, joined the group. The companies continued to operate separately while regulatory approvals proceeded, making the approval process and operating separation defining constraints on consolidation.
The NYSE security is an ADS representing five Class B shares, while the underlying Class B share trades in Buenos Aires as TECO2.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 12, 2026 | UBS | Reiterate | Rating: —Target: $17 | Target: $16.50 |
| Jun 24, 2026 | Morgan Stanley | Upgrade | Target: $11 | Target: $17 |
| May 27, 2026 | Scotiabank | Reiterate | Rating: —Target: $8.60 | Target: $9.20 |
| Apr 29, 2026 | JP Morgan | Upgrade | ||
| Mar 30, 2026 | Scotiabank | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $631.9M · Total debt $3.97B · Total assets $12.72B · Shareholders' equity $5.83B
- Revenue
- $1.69B
- Operating income
- $608.5M
- Net income
- $115.0M
Reported in ARS, converted at the latest exchange rate
| Institutions | 3.45% | 14.88M ADS | |
|---|---|---|---|
| 70 holders · as of Jun 30, 2026 | |||
| Other | 96.55% | 415.86M ADS | |
| remainder | |||
430.74M ADS (1 ADS = 5 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This company has 4 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
SPX Gestao de Recursos LtdaInstitution | 0.54% | 2.32M ADS | as of Jun 30, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 0.47% | 2.04M ADS | as of Jun 30, 2026 |
RWC Asset Management LLPInstitution | 0.30% | 1.28M ADS | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.23% | 996,252 ADS | as of Jun 30, 2026 |
Capital Wealth Planning, LLCInstitution | 0.22% | 947,500 ADS | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Baruki Luis Alberto Gonzalez | director | −188,500 | $2.78 |
| Jun 2, 2026 | Alejandro Alberto Urricelqui | director | +38,890 | $13.43 |
- América Móvil (ADR)
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- Walt Disney
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- Amazon
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Telecom Argentina (ADR) | $14.34 | +1.77% | $6.04B | 12.6 | 25.4 | 0.9 | +18.1% |
| América Móvil (ADR) | $22.28 | −0.78% | $67.37B | 12.9 | 14.2 | 1.2 | +10.5% |
| Netflix | $72.07 | −1.76% | $305.47B | 23.1 | 20.8 | 6.3 | +13.4% |
| Walt Disney | $104.14 | −0.09% | $180.96B | 21.5 | 13.9 | 1.8 | +7.1% |
| Amazon | $256.29 | −0.84% | $2.78T | 20.8 | 27.5 | 3.6 | +19.6% |
| Median | 21.1 | 17.5 | 2.7 | +11.9% |






