July 16, 2009

LIQUIDITY ALERT: Telecom Argentina Has ARS1.4 Bln Current Deficit

COMPANIES: Telecom Argentina SA (fka Telecom Argentina STET-France (Telecom SA)
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Telecom Argentina S.A. and its subsidiaries’ consolidated balance sheet as of December 31, 2008, showed current assets of ARS2,592,000,000 and current liabilities of ARS4,061,000,000, resulting in a working capital deficit…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US | Telecommunications Equipment | Telecommunications Services
LOCATIONS: Argentina