Wednesday, May 21, 2025

Telecom had only one option: show the results of Telefónica Móviles Argentina

Experts asserted that the presentation of Telefónica Móviles' results within Telecom's balance sheet does not constitute a violation of a previous rule from the Ministry of Commerce that prevents the integration of Telefónica into Telecom while the Competition Commission issues a ruling on the acquisition.

Sources from Telecom explained to Convergencia that it is the company's obligation to present the accounting information of Telefónica Móviles Argentina in its quarterly financial statements and that this does not constitute any violation of the precautionary measure, as Claro argued and published by Convergencia yesterday.

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