Telecom Argentina

Name

Telecom Argentina

Legal name

Telecom Argentina S.A.

Website

https://telecom.com.ar

Company type

Public

Founded year

1997

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Radiotelephone Communications (4812), Telephone Communications (No Radiotelephone) (4813), Cable & Other Pay Television Services (4841)

akta.pro primary industry

Consumer Mobile Network Operators (Retail MNOs) (HDAIAAAA)

akta.pro secondary industry

Carrier Billing & Telco Mobile Money (FSAMAEAD)

Keywords

• Mobile telecommunications services
• Fixed broadband internet
• Pay TV entertainment
• Enterprise cloud solutions
• Digital wallet payments

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

1. Mobile Services: Mobile telephony services including voice, data, and mobile subscriptions under Personal brand, representing approximately 60% of company revenues
2. Broadband Internet: Fixed broadband services including FTTH (fiber-to-the-home) under Fibertel brand, representing approximately 25% of company revenues
3. Pay TV: Cable and satellite television services under Flow brand, representing approximately 15% of company revenues
4. Fintech Services: Digital financial services through Personal Pay platform including digital wallet and payment solutions in partnership with Banco Macro
5. Enterprise Solutions: B2B technology solutions including connectivity, cloud, cybersecurity, IoT, and professional services under Personal Tech brand

Go-to-market motion3 records

Distribution channels4 records

Marketing channels10 records

Core offering

Telecom Argentina provides integrated telecommunications and digital services across Argentina and select neighboring countries under the Personal brand. Consumer offerings include mobile telephony (~60% of revenue), fixed broadband via FTTH under Fibertel (~25%), and pay TV/streaming through Flow (~15%), supplemented by Personal Pay digital wallet fintech services. For enterprises, Personal Tech sells connectivity, hybrid cloud, cybersecurity, IoT, and data center services through direct sales.

Product overview

Telecom Argentina operates as a diversified telecommunications and technology company under the unified Personal brand, offering a converged ecosystem of services across multiple verticals. The portfolio centers on Personal (consumer mobile/fixed), Flow (entertainment streaming), Personal Pay (fintech), Personal Tech (B2B enterprise solutions), and Fibertel (broadband). Services span mobile telephony (60% of revenue), broadband and fixed-line internet (25%), and pay TV (15%), serving 33 million customers with over 60 million mobile subscriptions. The company is the largest telecom operator in Argentina following its US$1.245 billion acquisition of Telefónica Móviles Argentina (Movistar) in 2025, operating 4G/4.5G, 5G, and FTTH networks. The B2B arm, Personal Tech, provides enterprise-grade connectivity, cloud infrastructure, cybersecurity, IoT, and data center services with 16+ facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal (Consumer Brand) Unified consumer brand providing mobile telephony, home broadband, pay TV, entertainment, and fintech services to individual subscribers and families in Argentina under a single subscription ecosystem.
• Personal Mobile Service Mobile telecommunications service offering voice, data, and messaging on 4G/4.5G/5G networks with over 60 million mobile subscriptions in Argentina.
• Fibertel Broadband

Quantifiable outcome

• 53% increase in revenues YoY driven by acquisition of Telefónica Móviles Argentina
• +4 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• SalesforcecoreTechnology or Integration · 26 February 2026Telecom Argentina's Personal brand deployed Salesforce Agentforce for Communications, a suite of five prebuilt AI agents for telecommunications. The solution automates billing, quoting, service level monitoring, and field sales functions, resulting in 4x engagement increases and 300+ hours of weekly productivity gains.
• Banco MacrocoreStrategic or Co-development Partner · 22 January 2026Strategic alliance with Banco Macro to accelerate growth of Personal Pay fintech platform. Banco Macro acquired 50% stake in Micro Sistemas S.A. (Personal Pay) through joint venture with Telecom Argentina for US$75 million. Partnership leverages Banco Macro's banking expertise with Telecom's large transaction-heavy user base to unlock new revenue streams in digital finance.
• TelefónicaflagshipStrategic or Co-development Partner · 24 February 2025Telecom Argentina acquired Telefónica's Argentine unit (Movistar Argentina) for US$1.25 billion in February 2025, creating the largest mobile operator in Argentina. The transaction was subject to regulatory approval and mandatory divestitures of 6 million mobile customers and spectrum to preserve competition.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Claro Argentina (América Móvil): Claro Argentina is the principal direct competitor of Telecom Argentina in mobile, fixed broadband, and pay TV. Both companies serve individuals and enterprises across Argentina with mobile networks, fixed broadband, and content offerings, and are now a duopoly post-Movistar consolidation with Claro holding ~42% mobile market share.

Broad incumbents

• América Móvil: América Móvil is the parent of Claro Argentina and the dominant telecom operator across Latin America with mobile, fixed, and pay TV operations in 20+ countries. It is broadly comparable to Telecom Argentina as a wireless carrier and converged services provider but at a much larger scale and broader geographic footprint.
• Liberty Latin America: Liberty Latin America operates mobile, fixed, and cable/pay TV businesses across the Caribbean, Chile, and Panama under brands like Liberty, C&W, and VTR. Comparable to Telecom Argentina as a converged telecom and pay TV operator in Latin America with overlapping FTTH and enterprise offerings.

Others

• Telefónica HispAm: Telefónica previously operated Movistar Argentina, which Telecom Argentina acquired in February 2025 for $1.25B. Telefónica HispAm remains a relevant peer because it continues to operate Movistar-branded mobile and fixed networks in other Latin American countries with comparable ARPU economics and regulatory dynamics.
• MercadoLibre: MercadoLibre is the largest e-commerce and digital payments platform in Latin America, including Argentina. It is a thematic peer to Telecom Argentina's Personal Pay fintech initiative: both target transactional mobile financial services for Argentine consumers and compete for the same digital wallet / payments wallet share.

Regional players

• Millicom (Tigo): Millicom operates Tigo-branded mobile, broadband, and cable networks across Latin America, with strong presence in Paraguay, Bolivia, Colombia, and Central America. It is comparable to Telecom Argentina as a converged telecom operator with similar emerging-market dynamics, subscription mix, and capex intensity for 4G/5G and fiber.
• Entel Chile: Entel is Chile's largest mobile operator and a major fixed-line and enterprise services provider. It is comparable to Telecom Argentina as a Southern Cone wireless carrier with mobile, FTTH, and enterprise B2B portfolios serving a similar regulatory and macro environment.
• Antel (Uruguay): Antel is the state-owned telecom operator of Uruguay offering mobile, fixed broadband, and pay TV. It is comparable to Telecom Argentina as a regional Southern Cone carrier serving individuals and enterprises with FTTH, mobile, and data services, although operating under a different ownership structure.
• VTR (Liberty Latin America subsidiary): VTR is a leading pay TV and broadband provider in Chile under Liberty Latin America. Comparable to Telecom Argentina's Flow and Fibertel brands as a regional pay TV and FTTH operator serving residential and SMB customers with similar content and connectivity economics.
• Empresa de Telecomunicaciones de Bogotá (ETB): ETB is a Colombian state-owned telecom operator offering mobile, fixed, and pay TV services. Comparable to Telecom Argentina as a converged regional telecom provider deploying FTTH and enterprise connectivity solutions across a Latin American emerging market with similar regulatory and competitive dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/telecomempresas

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Telecom Argentina