February 24, 2025 is set to be a “D-Day” for the future of the Argentine ICT sector. Late on that day, just seven days before the world’s largest industry event (MWC Barcelona 2025), Telecom’s purchase of Telefónica for US$1.245 billion was announced, after an acquisition process described as “very competitive and short” by Roberto Nobile, CEO of Telecom. The Government warned - even before the transaction was officially announced - that it will put it under analysis, and the ICT sector agenda for 2025 was transformed: regulatory adjustments and the impact on a shrinking market will take center stage.