Telecom Argentina S.A. (TEO) Stock Analysis & Winston Score
Telecom Argentina is one of the largest telecommunications companies in Argentina. It provides mobile phone service, home internet, cable TV, and landline phone service to millions of households and businesses across the country. The company owns the Personal mobile brand and the Fibertel and Cablevisión broadband and cable TV brands, making it a major player in both wireless and fixed-line services. Telecom Argentina earns money by charging customers monthly fees for mobile plans, internet subscriptions, and cable TV packages. It operates almost entirely within Argentina, with some presence in Paraguay and Uruguay. Its large, bundled customer base and nationwide network infrastructure give it a degree of competitive staying power. However, the company faces significant risk from Argentina's chronic economic instability — high inflation erodes the real value of its revenues, and currency controls can make it difficult to service any foreign-denominated debt or invest in network upgrades.
Winston Score: 62/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Strong (23/30)
- Growth: Mixed (8/20)
- Cash Flow: Strong (7/10)
- Stability: Good (5/10)
- Valuation: Strong (8/10)
- Ownership: Good (10/15)


