- Telecom Argentina's business shows no substantial real growth and is likely not able to keep up with inflation in Argentina in 2020.
- The economic situation in Argentina is dire with yearly inflation reaching over 50% in some quarters, massive debt levels and a contracting economy.
- Even with shares below 2012/2013 prices, investing now is speculating that the Argentinian economy will turn around. It's not an investment in a business with a strong fundamental performance.
- It's uncertain if and when things in Argentina get better and to what extend. I'd recommend to avoid Telecom Argentina shares for now.
For further details see:
Telecom Argentina: Lack Of Growth Limits Turnaround Potential