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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2018 | TELECOM ARGENTINA SA | TEO | 0 | -168,242 | 0 | -6,163,000 | |
| 12/31/2017 | TELECOM ARGENTINA SA | TEO | 168,242 | 168,242 | 6,163,000 | 6,163,000 | $36.63 |
| 03/31/2011 | TELECOM ARGENTINA SA | TEO | 0 | -878,349 | 0 | -21,862,000 | |
| 12/31/2010 | TELECOM ARGENTINA SA | TEO | 878,349 | -2,854,134 | 21,862,000 | -57,192,000 | $24.89 |
| 09/30/2010 | TELECOM ARGENTINA SA | TEO | 3,732,483 | -217,201 | 79,054,000 | 14,161,000 | $21.18 |
| 06/30/2010 | TELECOM ARGENTINA SA | TEO | 3,949,684 | -230,812 | 64,893,000 | -13,449,000 | $16.43 |
| 03/31/2010 | TELECOM ARGENTINA SA | TEO | 4,180,496 | -109,739 | 78,342,000 | 6,180,000 | $18.74 |
| 12/31/2009 | TELECOM ARGENTINA SA | TEO | 4,290,235 | -324,665 | 72,161,753 | -1,630,247 | $16.82 |
| 09/30/2009 | TELECOM ARGENTINA SA | TEO | 4,614,900 | -1,842,153 | 73,792,000 | -9,052,000 | $15.99 |
| 06/30/2009 | TELECOM ARGENTINA SA | TEO | 6,457,053 | -949,732 | 82,844,000 | 25,441,000 | $12.83 |
| 03/31/2009 | TELECOM ARGENTINA SA | TEO | 7,406,785 | -347,741 | 57,403,000 | -1,531,000 | $7.75 |
| 12/31/2008 | TELECOM ARGENTINA SA | TEO | 7,754,526 | 331,559 | 58,934,000 | -31,997,000 | $7.60 |
| 09/30/2008 | TELECOM ARGENTINA SA | TEO | 7,422,967 | 82,363 | 90,931,000 | -13,673,000 | $12.25 |
| 06/30/2008 | TELECOM ARGENTINA SA | TEO | 7,340,604 | 1,124,600 | 104,604,000 | -27,051,000 | $14.25 |
| 03/31/2008 | TELECOM ARGENTINA SA | TEO | 6,216,004 | -185,316 | 131,655,000 | -10,774,000 | $21.18 |
| 12/31/2007 | TELECOM ARGENTINA SA | TEO | 6,400,941 | -2,083,494 | 142,420,937 | -65,872,063 | $22.25 |
| 09/30/2007 | TELECOM ARGENTINA SA | TEO | 8,484,435 | -65,877 | 208,293,000 | -4,781,000 | $24.55 |
| 06/30/2007 | TELECOM ARGENTINA SA | TEO | 8,550,312 | -446,780 | 213,074,000 | 21,076,000 | $24.92 |
| 03/31/2007 | TELECOM ARGENTINA SA | TEO | 8,997,092 | -1,327,158 | 191,998,000 | -14,590,000 | $21.34 |
| 12/31/2006 | TELECOM ARGENTINA SA | TEO | 10,324,250 | -1,273,538 | 206,588,000 | 44,683,000 | $20.01 |
| 09/30/2006 | TELECOM ARGENTINA SA | TEO | 11,597,788 | -413,155 | 161,905,000 | 20,897,000 | $13.96 |
| 06/30/2006 | TELECOM ARGENTINA SA | TEO | 12,010,943 | -159,232 | 141,008,000 | -7,468,000 | $11.74 |
| 03/31/2006 | TELECOM ARGENTINA SA | TEO | 12,170,175 | -139,412 | 148,476,000 | -6,748,000 | $12.20 |
| 12/31/2005 | TELECOM ARGENTINA SA | TEO | 12,309,587 | -946,890 | 155,224,000 | -20,557,000 | $12.61 |
| 09/30/2005 | TELECOM ARGENTINA SA | TEO | 13,256,477 | -348,447 | 175,781,000 | 6,944,000 | $13.26 |
| 06/30/2005 | TELECOM ARGENTINA SA | TEO | 13,604,924 | -542,592 | 168,837,000 | -6,168,000 | $12.41 |
| 03/31/2005 | TELECOM ARGENTINA SA | TEO | 14,147,516 | 650,232 | 175,005,000 | 6,019,000 | $12.37 |
| 12/31/2004 | TELECOM ARGENTINA SA | TEO | 13,497,284 | -579,731 | 168,986,000 | 15,265,000 | $12.52 |
| 09/30/2004 | TELECOM ARGENTINA SA | TEO | 14,077,015 | 14,077,015 | 153,721,000 | 153,721,000 | $10.92 |
| 06/30/2004 | TELECOM ARGENTINA SA | TEO | 13,350,988 | 13,350,988 | 122,295,000 | 122,295,000 | $9.16 |
| 12/31/1999 | TELECOM ARGENTINA SA | TEO | 3,527,351 | 3,213,441 | 120,812,000 | 112,435,000 | $34.25 |
| 09/30/1999 | TELECOM ARGENTINA SA | TEO | 313,910 | 313,910 | 8,377,000 | 8,377,000 | $26.69 |
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