Telecom Argentina traded at $13.31 this Thursday July 16th, decreasing $0.47 or 3.41 percent since the previous trading session. Looking back, over the last four weeks, Telecom Argentina lost 8.65 percent. Over the last 12 months, its price rose by 48.88 percent. Looking ahead, we forecast Telecom Argentina to be priced at 12.58 by the end of this quarter and at 10.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
Telecom Argentina S.A. provides fixed-line telecommunications services in Argentina, and also provides other telephone-related services, such as international long-distance service, data transmission, information technology solutions outsourcing and Internet services. The Company's segments include Fixed Telecommunications Services (Fixed Services), Personal Mobile Telecommunications Services (Personal Mobile Services) and Nucleo Mobile Telecommunications Services (Nucleo Mobile Services). The Company, through its subsidiaries, also provides mobile telecommunications services and international wholesale services. The Fixed services segment consists of basic telephone services, interconnection services, data transmission and Internet services, information and communication technology services, and other telephone services. The Company, through its subsidiaries, such as Telecom Personal S.A. and Nucleo S.A., provides mobile services in Argentina and Paraguay, respectively.