Telecom Argentina profit misses forecasts
BUENOS AIRES, July 30
BUENOS AIRES, July 30 (Reuters) - Telecom Argentina SA , one of Argentina's top telecommunications companies, reported on Tuesday a net profit of 662 million pesos ($123 million) for the second quarter, below market expectations.
The market had expected the company to report a net profit of 802 million pesos, according to the median forecast given in a recent Reuters poll of analysts.
Telecom Argentina is controlled indirectly by Telecom Italia .
($1 = 5.3875 Argentine pesos ) in June 2013)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.