UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of November 2019
Commission File Number: 001-13464
Telecom Argentina S.A.
(Translation of registrants name into English)
Alicia Moreau de Justo, No. 50, 1107
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes o No x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes o No x
Telecom Argentina S.A.
Item
Buenos Aires, November 7, 2019
Chairman of the Comisión Nacional de Valores
Lic. Marcos Ayerra
Dear Sirs,
RE.: Relevant Transaction with Related Party
Sections 72 and 73 of Law 26.831 and CNV Rules (NT2013)
I am writing to you in my capacity as Chairman of Telecom Argentina S.A. (hereinafter, Telecom Argentina or the Company), to inform that the Board of Director of the Company, at a meeting held today, approved the addenda to the following agreements entered into by Cablevisión S.A. (of which Telecom Argentina is the surviving company due to its merger) and Tele Red Imagen S.A.: 1) the Agreement for distribution of the TyC Sports channel, and 2) the Agreement for the distribution of the Argentine Cup (hereinafter, jointly referred to as the Agreements). Given that both Agreements are paid on a basis of a monthly fee per subscriber, taking into consideration the number of Cablevisión service subscribers as of September 2019, the total amount involved in the addenda to the Agreements for a ten-year term exceeds 1% of the Companys Shareholders Equity as stated in the Financial Statements approved today.
In compliance with section 72 of the Capital Markets Law No. 26,831, the opinion of the Companys Audit Committee was required. The members of the Audit Committee unanimously determined that the transaction can reasonably be considered adequate in line with usual and customary market terms.
A copy of the Audit Committee report is available to the shareholders upon request at the corporate headquarters.
A letter similar to this one was sent to the Bolsa de Comercio de Buenos Aires, requesting its dissemination through its Daily Newsletter.
Sincerely,
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Telecom Argentina S.A. |
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/s/ Alejandro A. Urricelqui |
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Chairman |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Telecom Argentina S.A. | ||
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Date: |
November 7, 2019 |
By: |
/s/ Gabriel P. Blasi | |
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Name: |
Gabriel P. Blasi |
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Title: |
Responsible for Market Relations |