Telecom Argentina (TEO) Receivables - Net (2009 - 2026)

As of Dec 31, 2025, Telecom Argentina reported Receivables - Net of $933.82 billion, up 139.8% from the prior year.

• Annual Receivables - Net has increased for six straight years, with a five-year compound annual growth rate of 100.8% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Receivables - Net came in at $389.38 billion in the year ended Dec 31, 2024 (+10.3%), $352.89 billion in the year ended Dec 31, 2023 (+201.3%), $117.14 billion in the year ended Dec 31, 2022 (+166.6%) and $43.93 billion in the year ended Dec 31, 2021 (+53.6%).
• Quarterly Receivables - Net has ranged from $19.94 billion in the quarter ended Sep 30, 2021 to $933.82 billion in the quarter ended Dec 31, 2025 over the past five years.
• On a year-over-year basis, Receivables - Net has increased for 23 consecutive quarters, with growth averaging 134.3% over the last eight quarters.
• Over the past five years, the year-over-year growth in Receivables - Net ranged from 9.9% (the quarter ended Mar 31, 2026) to 343.8% (the quarter ended Jun 30, 2024).
• Per Business Quant, the preceding three quarters came in at $797.81 billion (quarter ended Mar 31, 2026), $933.82 billion (quarter ended Dec 31, 2025) and $776.94 billion (quarter ended Sep 30, 2025).