Fintech Telecom extends tender offer

Fintech Telecom, LLC , along with its affiliates Fintech Advisory Inc. and David Martínez, announced today the second extension of the expiration of its previously announced all-cash tender offer in the US for all outstanding Class B Shares held by US holders and all outstanding American depositary shares of Telecom Argentina S.A. to 5:00 p.m., New York City time, on November 11, 2016, unless further extended, the company said.

The US Offer was previously scheduled to expire at 5:00 p.m., New York City time, on October 28, 2016. The deadline for holders to submit tax cost certificates in respect of Argentine capital gains tax withholding to Computershare Trust company, N.A., the US receiving agent for the US Offer (the “US Receiving Agent”), is 11:59 p.m., New York City time, on November 4, 2016, which is the date that is five business days prior to the New Expiration Time.

Except for the extension of the Expiration Time and the deadline for submission of tax cost certificates described in this press release, all other terms and conditions of the US Offer will remain in full force and effect.