v3.25.4
DESCRIPTION OF BUSINESS AND BASIS OF PREPARATION OF THE CONSOLIDATED FINANCIAL STATEMENTS - Segment financial information of Consolidated Income Statement (Details) - ARS ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment financial information      
Revenues $ 8,328,814 $ 5,442,958 $ 5,898,611
Employee benefit expenses and severance payments (1,961,097) (1,346,737) (1,473,756)
Fees for services, maintenance, materials and supplies (1,064,393) (724,120) (741,134)
Taxes and fees with the Regulatory Authority (720,488) (428,352) (453,157)
Commissions and advertising (437,205) (305,491) (345,483)
Programming and content costs (450,698) (314,423) (332,792)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (1,169,398) (791,454) (892,520)
Adjusted EBITDA 2,525,535 1,532,381 1,659,769
Depreciation, amortization and impairment of Fixed and intangible assets (2,075,488) (1,725,057) (2,018,038)
Operating income (loss) 450,047 (192,676) (358,269)
Losses from associates and joint ventures (3,742) (15,094) (5,408)
Financial results from borrowings (748,840) 1,914,786 (1,817,071)
Other financial results, net 110,799 190,451 496,492
Income (loss) before income tax (191,736) 1,897,467 (1,684,256)
Income tax benefit (expense) 46,432 (538,237) 968,990
Attributable to:      
Controlling Company (170,006) 1,331,805 (738,306)
Non-controlling interest 24,702 27,425 23,040
Profit (loss) (145,304) 1,359,230 (715,266)
Eliminations      
Segment financial information      
Revenues (135,158) (30,294) (27,935)
Fees for services, maintenance, materials and supplies 9,754 6,880 4,367
Commissions and advertising 7,042 4,153 2,182
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets 100,965 19,261 21,386
Adjusted EBITDA (17,397)    
ICT Services provided in Argentina - Personal Network | Restated for inflation      
Segment financial information      
Revenues 5,284,148 5,038,236 5,509,770
Employee benefit expenses and severance payments (1,237,441) (1,307,052) (1,432,413)
Fees for services, maintenance, materials and supplies (655,777) (672,541) (698,841)
Taxes and fees with the Regulatory Authority (443,828) (410,843) (438,238)
Commissions and advertising (227,669) (208,927) (276,969)
Programming and content costs (301,703) (272,109) (288,783)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (657,063) (731,789) (834,139)
Adjusted EBITDA 1,760,667 1,434,975 1,540,387
ICT Services provided in Argentina - Personal Network | Amounts not adjusted for inflation      
Segment financial information      
Revenues 4,688,533 3,165,736 1,053,442
Employee benefit expenses and severance payments (1,096,467) (823,975) (279,608)
Fees for services, maintenance, materials and supplies (561,780) (393,042) (131,861)
Taxes and fees with the Regulatory Authority (393,956) (258,519) (83,591)
Commissions and advertising (202,884) (133,932) (52,319)
Programming and content costs (267,805) (172,422) (55,317)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (546,973) (429,466) (145,951)
Adjusted EBITDA 1,618,668 954,380 304,795
ICT Services provided in Argentina - Personal Network | Inflation restatement      
Segment financial information      
Revenues 595,615 1,872,500 4,456,328
Employee benefit expenses and severance payments (140,974) (483,077) (1,152,805)
Fees for services, maintenance, materials and supplies (93,997) (279,499) (566,980)
Taxes and fees with the Regulatory Authority (49,872) (152,324) (354,647)
Commissions and advertising (24,785) (74,995) (224,650)
Programming and content costs (33,898) (99,687) (233,466)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (110,090) (302,323) (688,188)
Adjusted EBITDA 141,999 480,595 1,235,592
ICT Services provided in Argentina - TMA Network | Restated for inflation      
Segment financial information      
Revenues 2,748,493    
Employee benefit expenses and severance payments (685,615)    
Fees for services, maintenance, materials and supplies (360,546)    
Taxes and fees with the Regulatory Authority (259,255)    
Commissions and advertising (150,748)    
Programming and content costs (111,810)    
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (536,208)    
Adjusted EBITDA 644,311    
ICT Services provided in Argentina - TMA Network | Amounts not adjusted for inflation      
Segment financial information      
Revenues 2,482,714    
Employee benefit expenses and severance payments (619,738)    
Fees for services, maintenance, materials and supplies (325,306)    
Taxes and fees with the Regulatory Authority (234,436)    
Commissions and advertising (136,090)    
Programming and content costs (101,212)    
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (442,453)    
Adjusted EBITDA 623,479    
ICT Services provided in Argentina - TMA Network | Inflation restatement      
Segment financial information      
Revenues 265,779    
Employee benefit expenses and severance payments (65,877)    
Fees for services, maintenance, materials and supplies (35,240)    
Taxes and fees with the Regulatory Authority (24,819)    
Commissions and advertising (14,658)    
Programming and content costs (10,598)    
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (93,755)    
Adjusted EBITDA 20,832    
Other abroad segments      
Segment financial information      
Revenues 384,630 266,915 81,877
Employee benefit expenses and severance payments (33,893) (24,450) (8,277)
Fees for services, maintenance, materials and supplies (51,640) (35,839) (9,292)
Taxes and fees with the Regulatory Authority (15,433) (10,931) (2,968)
Commissions and advertising (57,383) (62,477) (13,346)
Programming and content costs (33,015) (25,570) (8,532)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (68,094) (47,831) (15,714)
Adjusted EBITDA 125,172 59,817 23,748
Other abroad segments | Restated for inflation      
Segment financial information      
Revenues 431,331 435,016 416,776
Employee benefit expenses and severance payments (38,041) (39,685) (41,343)
Fees for services, maintenance, materials and supplies (57,824) (58,459) (46,660)
Taxes and fees with the Regulatory Authority (17,405) (17,509) (14,919)
Commissions and advertising (65,830) (100,717) (70,696)
Programming and content costs (37,185) (42,314) (44,009)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (77,092) (78,926) (79,767)
Adjusted EBITDA 137,954 97,406 119,382
Other abroad segments | Inflation restatement      
Segment financial information      
Revenues 46,701 168,101 334,899
Employee benefit expenses and severance payments (4,148) (15,235) (33,066)
Fees for services, maintenance, materials and supplies (6,184) (22,620) (37,368)
Taxes and fees with the Regulatory Authority (1,972) (6,578) (11,951)
Commissions and advertising (8,447) (38,240) (57,350)
Programming and content costs (4,170) (16,744) (35,477)
Other operating costs without depreciation, amortization and impairment of Fixed and intangible assets (8,998) (31,095) (64,053)
Adjusted EBITDA $ 12,782 $ 37,589 $ 95,634