- The pandemic had, and still has, a significant negative impact on the business performance of Telecom Argentina. Shares are trading near decade lows.
- The Argentinian economic situation was already bad before the pandemic, but things have gotten worse with rising unemployment and falling GDP.
- Significant sovereign debt challenges remain for Argentina. Negotiations with the IMF about the sovereign debt, scheduled in Q1 2022, will be crucial.
- The inflation adjusted top line will show a significant year-over-year decline again in the upcoming Q2 2021 earnings report. Things may stabilize somewhat after that, but growth will remain elusive.
For further details see:
Don't Expect A Quick Recovery For Telecom Argentina