SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For the
month of March, 2010
Commission
File Number: 001-13464
Telecom
Argentina S.A.
(Translation
of registrant’s 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:
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):
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):
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
Telecom
Argentina S.A.
TABLE OF
CONTENTS
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1.
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Letter
to the Securities and Exchange Commission dated March 10, 2010 regarding
precautionary measure and notice of the suspension of trading
of Telecom Argentina shares on the Buenos Aires Stock Exchange
(“BASE”)
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Item
1
FREE
TRANSLATION
FOR
IMMEDIATE RELEASE
Buenos Aires, March
10, 2010
Securities and Exchange
Commission
Dear
Sirs,
RE.:
Resolution on “W de Argentina Inversiones SL INC EJE MED (26-VIII-09) c/ Telecom
Italia SpA - Notice of the suspension of trading of Telecom
Argentina shares on the Buenos Aires Stock Exchange (“BASE”)
I am writing you as
Attorney-in-fact of
Telecom Argentina S.A.
(“Telecom Argentina” or the “Company”) to inform you that yesterday the Company
was notified of a precautionary measure issued by the First Instance Federal
Court in Contentious Administrative Matters No. 6 (”the Court”) in the case
referenced “W de Argentina
Inversiones SL INC EJE MED (26-VIII-09) c/ Telecom Italia
SpA.
The court decision
notified yesterday confirms that the precautionary measure that suspended the
exercise of the duties of certain members of the Board of Directors ordered by
such Court in August 2009 remains in effect. We initially informed you of
such precautionary measure on September 4, 2009.
The court decision
notified yesterday also orders the immediate suspension of all calls to meetings
of the Board of Directors and/or Shareholders Meetings made by the directors
suspended by the precautionary measure.
Yesterday’s
precautionary measure was also reported to the Buenos Aires Stock Exchange
(“BASE”). As a result, the BASE declined to accept the filing of the press
release issued by the Company announcing the annual and fourth quarter results
for fiscal year 2009, which press release had been sent to the BASE for
publication in its bulletin. The BASE has asked the Company to clarify
whether the participation of certain suspended members of the Board of Directors
in the meeting in held to approve the documentation relating the results of
fiscal year 2009 affected the approval of such documentation.
Accordingly, the
BASE ordered the temporary suspension of trading of the shares of Telecom
Argentina in the BASE until such clarification is provided. The Company
expects to work with the BASE to resolve the trading suspension as promptly as
practicable.
Sincerely,
Maria
Carrera Sala
Attorney
in fact
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:
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March
11, 2010
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By:
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/s/
Franco Bertone
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Name:
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Franco
Bertone
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Title:
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Chief
Executive Officer
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