Telecom Argentina Board Approves US$450M Sale of Mobile and Internet Assets to Metrotel
TEO sits 73% above its 52-week low of $7.07.
Summary
Telecom Argentina's Board approved the sale of mobile and residential internet assets to Metrotel for US$450 million plus VAT, completing the antitrust remedy required for its merger with Telefónica Móviles Argentina.
Key Events · M&A and Partnerships · TEO
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Board Approves US$450M Asset Sale to Metrotel
On October 14, 2026, the Board of Telecom Argentina accepted Metrotel's offer for the sale of mobile and residential internet customer packages at a transaction price of US$450 million plus VAT and other taxes.
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Antitrust Remedy Divestiture
The sale fulfills the Remedy imposed by the Argentine Antitrust Tribunal (TDC) on the Telecom Argentina–Telefónica Móviles Argentina economic concentration, with Metrotel approved as purchaser by the TDC.
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Assets Transferred Include Spectrum and Fiber Network
TMA will assign customer bases, radiofrequency spectrum usage rights, the Network Core, and fiber-to-the-home network assets in Buenos Aires, along with contractual positions necessary for business operation.
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Framework Sharing Agreement
Telecom Argentina and Metrotel will enter into a Framework Sharing Agreement including RAN Sharing, Roaming, and Passive Infrastructure Co-location agreements, plus transitional services and a Tuenti trademark license.
Analysis · TEO · Technology
The Board of Telecom Argentina accepted Metrotel's offer to acquire mobile and residential internet customer packages for US$450 million plus VAT. This divestiture stems from the antitrust remedy imposed on the Telecom Argentina–Telefónica Móviles Argentina concentration, requiring the sale of certain assets. The deal transfers customer bases, radiofrequency spectrum rights, the fiber-to-the-home network in Buenos Aires, and the Network Core, along with a Framework Sharing Agreement covering RAN sharing, roaming, and passive infrastructure co-location. It is a material divestiture that reshapes Telecom Argentina's competitive footprint in the Argentine telecom market while satisfying regulatory obligations.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 38.8% of the 970 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.46%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TEO was trading at $12.25 on NYSE in the Technology sector, with a market capitalization of approximately $5.7B. The 52-week trading range was $7.07 to $16.34. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.