Telecom Argentina S.A. (TECO2.BA)

Buenos Aires - Buenos Aires Delayed Price. Currency in ARS
56.75+0.35 (+0.62%)
At close: 3:59 PM EDT
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Prev Close56.40
Bid56.60 x
Ask56.75 x
Day's Range56.10 - 56.80
52wk Range38.20 - 59.50
1y Target EstN/A
Market Cap54.99B
P/E Ratio (ttm)17.34
Avg Vol (3m)194,463
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Reuterslast month

    Argentina says telecom reforms to draw $20 bln; companies prepare

    Even though new rules have not yet been implemented, telecom companies in Argentina are preparing for a more competitive market as the government expects reforms to attract $20 billion in investments over four years. Telecom Argentina and Telefonica de Argentina have announced investments in recent months, while Argentina's largest media conglomerate, Grupo Clarin, is spinning off subsidiary Cablevision SA, saying in August it could better face competition as a stand-alone unit. Communications Minister Oscar Aguad told Reuters companies, including Motorola and AT&T Inc, have expressed interest in investing in Argentina, which would mean better services and lower costs for consumers.

  • Barrons.com2 months ago

    Morgan Stanley Ups Telecom Argentina To Buy

    Telecom Argentina (TEO) is rising Tuesday, thanks to a bullish note from Morgan Stanley. Analysts Michel Morin and Diego Aragao raised their rating on the stock to Overweight from Equal Weight, and raised their price target by $5, to $23. As a bit of background, in March Fintech was given approval to buy Telecom Italia’s controlling stake on Telecom Argentina, and in April it appointed new board members and a new CEO and CFO.

  • Bloomberg2 months ago

    Telecom Argentina Can Get Head Start on TV, Official Says

    Telecom Argentina SA would be allowed to offer video content ahead of its phone competitors if it’s acquired in a merger by cable provider Cablevision SA, a government official said.