TELECOM balance

Telecom Argentina 4th-qtr net profit rises 18 pct

Feb 17 (Reuters) - Telecom Argentina SA  
, one of Argentina's top telephone companies, reported on 
Friday a fourth-quarter net profit of 604 million pesos ($140.3 
million), up 18 percent from the same period a year earlier.  
    The net profit fell just short of market expectations. A 
Reuters poll of five analysts had forecast quarterly net profit 
at a median of 640 million pesos, with estimates ranging from 
548 million to 687 million pesos. The phone company registered a 
512 million peso net profit a year before. 

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