Executives of Telecom Argentina They starred in the traditional ”Closing Bell” in commemoration of the The company has been listed on the NYSE for 30 years (New York Stock Exchange). The ringing of the bell in Wall Street marks the close of the market in the world’s largest financial center.
Telecom, which is one of the 20 Argentine companies present on the NYSE, cIt began trading in the US market with its initial public offering on December 9, 1994. In addition, it is the only one in the technological field that complies three consecutive decades presence in this market.
The company’s CEO, Roberto Nobile and the CFO, Gabriel Blasiwere together with other executives to commemorate the longevity of the New York Stock Exchange. From Telecom they announced that the ”anniversary symbolizes a crucial moment for Telecomas it shows the financial health of the company, as well as the confidence of its investors, in a highly competitive and constantly evolving environment, and that “Telecom’s sustained presence in international markets demonstrates the transparency of its operations and consolidates its role as a key player in the digital industry”.
The company has been transforming its core traditional telco business to become a digital hub, incorporating solutions based on connectivity, entertainment, cybersecurity, Fintech, and IoT. These solutions now transcend Argentina’s borders to extend to the entire region, driving new business paradigms within the framework of global initiatives such as Open Gateway.
The company has maintained a robust investment plan, over US$6 billion in the last seven yearsaimed at modernizing its infrastructure, the backbone of its digital transformation. By 2024, an investment of approximately US$500 million additionalreaffirming that Telecom is one of the companies that invests the most in infrastructure in the country.
In this context, both Nobile and Blasi made statements. The CEO commented: “Celebrating 30 years of listing on the New York Stock Exchange is an immense pride and recognition of Telecom’s leadership. This achievement would not have been possible without the commitment of our employees, the trust of our clients and the continued support of our investors. We look to the future to consolidate ourselves as a digital hub in the region, with innovative services. Being on the NYSE gives us the global visibility necessary to continue strengthening our strategy.”
The CFO said: “Accessing a global investor base opens the door to international capital, which is essential for the development of our services. The solidity and transparency of our financial management is highly valued by those who trust in the company’s long-term vision.”
Investor Day
As part of its anniversary at the NYSE, Telecom had the opportunity to meet with financial analysts from international markets, in order to present its business strategy. Roberto Nobile shared the guidelines that place Telecom at the forefront of Argentine technology companies.
Originally focused on telecommunications, Telecom has driven the evolution of the ICT sector, offering cutting-edge technologies in connectivity, entertainment and technological solutions for businesses and governments, with presence in Argentina, Paraguay, Uruguay and Chile.
Supported by the advancement of disruptive technologies such as 5G, IoT, artificial intelligence, cloud and big dataTelecom is consolidating its position as a digital services hub, expanding its regional presence. This transformation towards new digital businesses allows it to develop various opportunities with strategic partners in the region.
Source: Ambito
