BUENOS AIRES, Argentina (AP) _ Telecom Argentina SA (TEO) on Friday reported second-quarter net income of $122.3 million, after reporting a loss in the same period a year earlier.
The Buenos Aires, Argentina-based company said it had net income of 28 cents per share.
The telecommunications company posted revenue of $1.15 billion in the period.
Telecom Argentina shares have risen roughly 1% since the beginning of the year. In the final minutes of trading on Friday, shares hit $15.70, a decline of 13% in the last 12 months.