Telecom Argentina Sa's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Telecom Argentina Sa (TEO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Telecom Argentina Sa vs Its Competitors
- TTM: Trailing 12-month revenue of 217,424M vs 56,978M combined for tracked competitors (79.2% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+276.8%) for its tracked peer group.
- Growth: Telecom Argentina Sa generated 101.3% revenue growth year over year in Q4 2025, vs 21.9% for its tracked competitors combined.
- Profitability: Its -1.7% net margin compares with 9.1% for the peer group.
- Scale: Telecom Argentina Sa ranks #18 of 58 companies by market capitalization in the Communications Services industry, holding 0.5% of industry market cap.
- Peer revenue share: Telecom Argentina Sa accounted for 80.2% of combined revenue among its tracked peer group, up from 71.0% a year earlier.
- Peer differentiation: Revenue per employee of $12.02M compares with $0.33M for the peer group (36.2x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
TEO Sales vs. its Competitors, Q4 2025
Telecom Argentina Sa reported revenue growth of 101.30 % year on year in Q4 2025, above its competitors' combined revenue growth of 21.90 %.
With a net margin of -1.74 %, Telecom Argentina Sa reported lower profitability than its competitors (9.08 %).
Telecom Argentina Sa generated 80.20 % of the combined sales of its peer group, up from 71.04 % a year earlier.
Telecom Argentina Sa vs. its Competitors, Q4 2025
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Telecom Argentina Sa and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Telecom Argentina Sa | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (10) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Telecom Argentina Sa's competitor groups requires a Commercial License.
For context: the Communications Services industry grew revenue 7.4% year over year, combined, vs 101.3% for Telecom Argentina Sa. Telecom Argentina Sa's share of combined industry revenue moved from 9.92% to 18.59%, a gain of 8.67 percentage points.
Telecom Argentina Sa's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Telecom Argentina Sa | No | Yes | Yes | No |
| Competitors combined (2) | ||||
| High-Confidence Competitors (2) | ||||
| Similar-Size Competitors (9) | ||||
| Similar Growth & Profitability (8) | 50.00 % (4 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 42.90 % (3 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
TEO Stock Performance relative to its Competitors
TEO Stock Performance relative to High-Confidence Competitors
TEO Stock Performance relative to Similar-Size Competitors
TEO Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Liberty Latin America Ltd | 282.9% | Outperformed |
| 2 | America Movil Sab De Cv | 282.9% | Outperformed |
| 3 | Telef nica S a | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Telecom Argentina Sa's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Telecom Argentina Sa's Comment on Competition and Industry Peers
Publicly Traded Peers of Telecom Argentina Sa
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Telecom Argentina Sa | 5,233.46 | 217,423.69 |
| America Movil Sab De Cv | 72,570.96 | 52,521.00 |
| Telef nica S a | 21,611.35 | 46,272.80 |
| Liberty Latin America Ltd | 1,697.28 | 4,457.40 |
| SUBTOTAL | 101,113.05 | 320,674.89 |
Sources: Telecom Argentina Sa's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Telecom Argentina Sa versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Telecom Argentina Sa's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Cirion Technologies | Named by the company | 85% |
| Level 3 Argentina | Named by the company | 85% |
| NovaRed | Named by the company | 85% |
| RAN | Named by the company | 85% |
| TMA | Named by the company | 85% |
| Base 4 | Named by the company | 85% |
| Edgeconnex | Named by the company | 85% |
| Netflix | Named by the company | 85% |
| Personal Tech | Named by the company | 85% |
| Telefónica | Named by the company | 85% |
| America Movil Sab De Cv | Named by the company | 85% |
| DirecTV Argentina S.A. | Named by the company | 85% |
| Murc IT | Named by the company | 85% |
| On Video | Named by the company | 85% |
| Silica | Named by the company | 85% |
| Centurylink | Named by the company | 85% |
| IPlan | Named by the company | 85% |
| Nextvision Point IT | Named by the company | 85% |
| Prime Video | Named by the company | 85% |
| Telmex | Named by the company | 85% |
| ARSAT | Named by the company | 85% |
| Disney+ | Named by the company | 85% |
| NeoSecure | Named by the company | 85% |
| Personal | Named by the company | 85% |
| Telecentro S.A. | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Telecom Argentina Sa's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Telecom Argentina Sa's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Liberty Latin America Ltd | Liberty Caribbean 32.74 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Telecom Argentina Sa's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Telecom Argentina Sa | 5,233 | 12,022,322 | -209,741 |
| America Movil Sab De Cv | 72,571 | 262,605 | 24,525 |
| Telef nica S a | 21,611 | 453,655 | 2,295 |
| Liberty Latin America Ltd | 1,697 | 495,267 | -4,367 |
| PEERS TOTAL | 95,880 | 331,997 | 16,398 |
Telecom Argentina Sa's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Liberty Latin America Ltd | Networks and Latin America 9.11 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Telecom Argentina Sa's Position in Industry Market Structure
Market-capitalization share and concentration across all 56 companies in Telecom Argentina Sa's industry classification, broader than the peer set above. Market cap in millions of $.Telecom Argentina Sa ranks #18 of 56 companies by market capitalization in its industry, holding 0.52 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,241, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Verizon Communications Inc | 193,242 | 19.13 % |
| 2 | T mobile Us Inc | 177,878 | 17.61 % |
| 3 | At and t Inc | 171,705 | 17.00 % |
| 4 | Veon ltd | 129,087 | 12.78 % |
| 5 | America Movil Sab De Cv | 1,234 | 5.2% |
| 6 | Tim S a | 1,234 | 5.2% |
| 7 | Vodafone Group Public Limited Company | 1,234 | 5.2% |
| 8 | Chunghwa Telecom Co Ltd | 1,234 | 5.2% |
| 9 | Ast Spacemobile Inc | 1,234 | 5.2% |
| 10 | Millicom International Cellular Sa | 1,234 | 5.2% |
| 18 | Telecom Argentina Sa | 5,277 | 0.52 % |
Market cap and industry share for the rest of Telecom Argentina Sa's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-29.
Telecom Argentina Sa's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 13 | Telus Corp | 12,764 | -46.97 % |
| 14 | Turkcell Iletisim Hizmetleri A S | 10,965 | -15.40 % |
| 15 | Globalstar Inc | 10,650 | 141.24 % |
| 16 | Sk Telecom Co Ltd | 7,792 | 63.51 % |
| 17 | Lumen Technologies inc | 1,234 | 12.3% |
| 18 | Telecom Argentina Sa | 5,277 | 65.32 % |
| 19 | Kt Corporation | 1,234 | 12.3% |
| 20 | Telephone And Data Systems Inc | 1,234 | 12.3% |
| 21 | Pldt Inc | 1,234 | 12.3% |
| 22 | Array Digital Infrastructure Inc | 1,234 | 12.3% |
| 23 | Kyivstar Group Ltd | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Telecom Argentina Sa's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-29. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Telecom Argentina Sa's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Communications Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (85 companies). See the full Communications Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 96.53 % | 45.44 % (avg) | +51.1 pp |
| Operating Margin | 5.40 % | industry median | +2.7 pp |
| EBITDA Margin | 18.92 % | 4.17 % (avg) | +14.7 pp |
| Capital Intensity (Capex / Revenue) | 16.27 % | 14.44 % (avg) | +1.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Telecom Argentina Sa's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Growth | 182.39 % | 100.94 % | 101.30 % |
| Operating Margin | -6.07 % | -3.54 % | 5.40 % |
| Return on Invested Capital | -2.03 % | -1.01 % | 2.28 % |
| P/E | - | 0.2x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Telecom Argentina Sa's Strategic Group Map
Every company in Telecom Argentina Sa's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Telecom Argentina Sa is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Telecom Argentina Sa's BCG Growth-Share Matrix
Relative market share (vs Telecom Argentina Sa's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Telecom Argentina Sa falls in the Dog quadrant: relative market share of 0.03x vs its largest competitor, in an industry growing revenue 0.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Telecom Argentina Sa's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,241 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 16.27 % vs industry average 14.44 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Telecom Argentina Sa's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Telecom Argentina Sa's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Telecom Argentina Sa's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Telecom Argentina Sa falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Telecom Argentina Sa's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 9.3 points below the industry aggregate.
- Low relative market share vs the industry leader (0.03x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Telecom Argentina Sa's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Telecom Argentina Sa | 0.12 | 0.48 | 0.55 |
| America Movil Sab De Cv | 0.07 | 0.74 | 1.01 |
| Telef nica S a | 0.31 | 0.87 | - |
| Liberty Latin America Ltd | 0.36 | 1.14 | 9.99 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Telecom Argentina Sa's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Telecom Argentina Sa | Q4 2025 | +101.3 % | - |
| America Movil Sab De Cv | Q4 2025 | +22.5 % | +260.1 % |
| Telef nica S a | Q4 2024 | +1.6 % | - |
| Liberty Latin America Ltd | Q2 2026 | +1.5 % | - |
| PEERS TOTAL | +60.7 % | -95.1 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Telecom Argentina Sa's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Telecom Argentina Sa | Q4 2025 | +46.5 % | +289.2 % |
| America Movil Sab De Cv | Q4 2025 | +21.8 % | +14.2 % |
| Telef nica S a | Q4 2024 | - | - |
| Liberty Latin America Ltd | Q2 2026 | -1.5 % | -13.3 % |
Telecom Argentina Sa's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Telecom Argentina Sa | - | - | - |
| America Movil Sab De Cv | 4.90% | 6.76% | 20.60% |
| Telef nica S a | 0.21% | 0.66% | 0.92% |
| Liberty Latin America Ltd | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Telecom Argentina Sa's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Telecom Argentina Sa | - | 0.02 |
| America Movil Sab De Cv | 311.14 | 1.38 |
| Telef nica S a | - | 0.47 |
| Liberty Latin America Ltd | - | 0.38 |
| PEERS AVERAGE | 77.39 | 0.32 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.