Zacks Investment Research downgraded shares of TELECOM ARGENTI (TEO) from NEUTRAL to UNDERPERFORM on August 20, 2012, with a target price of $11.50.
TELECOM ARGENTINA holds a license to provide basic telephone service and fixes telecommunications links in the northern region of the Argentine Republic. The Company contributes to the country s economic and social development by means of incorporating the latest technological advances achieved to-date in the field of telecommunications world-wide.
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