Business Context and Reporting Period
Company: Telecom Argentina S.A.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: February 11, 2025
Context: The filing discloses a legal notice regarding a complaint filed against the Company by "Asociación Protección de Consumidores del Mercado Común del Sur Proconsumer" (Proconsumer) in the National First Instance Court in Commercial Matters No. 8.
Financial Metrics
This filing is a legal disclosure and does not contain financial statements. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The filing reports the initiation of a new legal proceeding (Docket No. 13068/2023). There are no reported changes to financial performance or operational metrics in this document.
Legal Proceedings and Risks
Plaintiff: Proconsumer (Consumer Protection Association).
Subject: Alleged violations regarding the "recording content" service on the Flow platform and general service advertising practices.
Allegations:
- Breach of service conditions and advertising modalities (Sections 7 and 9 of the Argentine Consumer Defense Law).
- Failure to provide true, clear, and detailed information on digital platforms (Section 4 of the LDC; Sections 1100 and 1107 of the Civil and Commercial Code).
- Cessation of the alleged conduct.
- Cessation of charging customers for the disputed services.
- Reimbursement of sums paid by customers for Flow services over the five-year period preceding the complaint until the cessation of conduct.
Key Facts for Investor Verification
- Verify the potential financial exposure of a five-year reimbursement claim regarding Flow platform services.
- Monitor the status of Docket No. 13068/2023 in the National First Instance Court in Commercial Matters No. 8.
- Assess the impact of the Argentine Consumer Defense Law (LDC) allegations on the Company's digital service offerings.
- Note that this filing contains no financial data; refer to the most recent Form 20-F for financial metrics.