Lorena Reich's questions to Telecom Argentina SA (TEO) leadership • Q2 2024
Question
Lorena Reich of Lucror Analytics asked about the company's pricing strategy going forward, given the recent court ruling that removed the cap on price increases, and whether this would positively impact profitability or be offset by competitive pressures.
Answer
CFO Gabriel Blasi clarified that the court ruling was not a new development for the company, as a pre-existing legal measure had already allowed them to set prices for the past two years. He stated that the past administration's intended price cap was never binding on Telecom Argentina. Therefore, the company's pricing policy continues to be driven by competitive dynamics and portfolio performance, and no significant change in strategy is expected as a result of this news.