Telecom Argentina Completes Acquisition of Telefónica Móviles Argentina

Telecom Argentina ( (TEO) ) has shared an announcement.

On February 24, 2025, Telecom Argentina completed the acquisition of Telefónica Móviles Argentina S.A. (TMA) by purchasing nearly all of its shares for $1,245 million. This strategic acquisition, financed through cash and loans, positions Telecom Argentina as a leading telecommunications service provider in Argentina, expanding its market presence and service offerings. The acquisition is expected to enhance Telecom Argentina’s operational capabilities and market competitiveness, benefiting stakeholders through improved service delivery and expanded customer base.

The most recent analyst rating on (TEO) stock is a Hold with a $13.00 price target. To see the full list of analyst forecasts on Telecom Argentina stock, see the TEO Stock Forecast page.

Spark’s Take on TEO Stock

According to Spark, TipRanks’ AI Analyst, TEO is a Neutral.

Telecom Argentina’s stock is moderately attractive, bolstered by its strong valuation and steady cash flows. The company exhibits robust revenue growth and asset management, but faces challenges with profitability and technical momentum. Improving operational efficiency and profitability will be key to enhancing its stock performance.

To see Spark’s full report on TEO stock, click here.

More about Telecom Argentina

Telecom Argentina S.A. is a major telecommunications provider in Argentina, offering a wide range of services including mobile telephony, internet, cable television, and fixed telephony. The company serves approximately 19.3 million customers with high-speed connectivity and content streaming services under brands such as Movistar and Tuenti.

Average Trading Volume: 205,332

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.84B

See more data about TEO stock on TipRanks’ Stock Analysis page.