Table of Contents Company Snapshot 2 Table of Contents 5 Telecom Argentina S.A.: Company Overview 9 Telecom Argentina S.A.: Overview and Key Facts 9 Telecom Argentina S.A.: Overview 9 Telecom Argentina S.A.: Key Facts 9 Telecom Argentina S.A.: Key Employees 11 Telecom Argentina S.A.: Key Employee Biographies 13 Telecom Argentina S.A.: Major Products and Services 22 Telecom Argentina S.A.: Company History 23 Telecom Argentina S.A.: Management Statement 26 Telecom Argentina S.A.: Locations and Subsidiaries 30 Telecom Argentina S.A.: Key Competitors 31 Telecom Argentina S.A.: Company Analysis 32 Telecom Argentina S.A.: Business Description 32 Telecom Argentina S.A.: SWOT Analysis 34 Telecom Argentina S.A.: SWOT Overview 34 Telecom Argentina S.A.: Strengths 34 Telecom Argentina S.A.: Weaknesses 35 Telecom Argentina S.A.: Opportunities 35 Telecom Argentina S.A.: Threats 36 Telecom Argentina S.A.: Corporate Financial Deals Activity 38 Telecom Argentina S.A.: Financial Deals Overview 38 Telecom Argentina S.A.: Top Deals 2014 - 2018YTD* 40 Telecom Argentina S.A.: Advisors 41 Telecom Argentina S.A.: Top Financial Advisors 41 Telecom Argentina S.A.: Mergers and Acquisitions 42 Telecom Argentina S.A.: Recent Developments 43 Telecom Argentina S.A.: News and Events Summary 43 Telecom Argentina S.A.: Financial Performance 46 Telecom Argentina S.A.: IT Spending Announcements 47 Appendix 50 Contact Us 50 Methodology 50 About MarketLine 51

List of Tables Table 1: Telecom Argentina S.A.: Key Facts Table 2: Telecom Argentina S.A.: Key Employees Table 3: Telecom Argentina S.A.: Locations and Subsidiaries Table 4: Telecom Argentina S.A.: Key Competitors Table 5: Telecom Argentina S.A.: Deal Activity by Deal Type - Volume (TTM*) Table 6: Telecom Argentina S.A.: M&A Activity by Geography (TTM*) Table 7: Telecom Argentina S.A.: Deal Activity by Deal Type - Volume (2014 - YTD*2018) Table 8: Telecom Argentina S.A.: Top Deals 2014 - 2018YTD* Table 9: Telecom Argentina S.A.: Financial Advisor Ranking by Value (US$m) Table 10: Telecom Argentina S.A.: M&A Volume and Value Trend (2014 - YTD*2018) Table 11: Telecom Argentina S.A.: News and Events Summary Table 12: Telecom Argentina S.A.: Financial Performance Table 13: Telecom Argentina S.A.: IT Spending AnnouncementsList of Figures Figure 1: Telecom Argentina S.A.: Deal Activity by Deal Type - Volume (TTM*) Figure 2: Telecom Argentina S.A.: M&A Activity by Geography (TTM*) Figure 3: Telecom Argentina S.A.: Deal Activity by Deal Type - Volume (2014 - YTD*2018) Figure 4: Telecom Argentina S.A.: M&A Volume and Value Trend (2014 - YTD*2018)