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<SEC-DOCUMENT>0000950103-02-001205.txt : 20021119
<SEC-HEADER>0000950103-02-001205.hdr.sgml : 20021119
<ACCEPTANCE-DATETIME>20021119143318
ACCESSION NUMBER:		0000950103-02-001205
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20021119
FILED AS OF DATE:		20021119

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TELECOM ARGENTINA STET FRANCE TELECOM SA
		CENTRAL INDEX KEY:			0000932470
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13464
		FILM NUMBER:		02832760

	BUSINESS ADDRESS:	
		STREET 1:		MAIPU 1210
		STREET 2:		PISO 9
		CITY:			BUENOS AIRES ARGENTINA
		STATE:			C1
		ZIP:			1006
		BUSINESS PHONE:		5419684000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>nov1902_6k2.htm
<TEXT>
<html>
<head>
<title>6-K</title>
</head>
<body bgcolor="#FFFFFF">
<HR size="4" noshade color="#000000" style="margin-top: -2px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">
<br>
<br>
<p align=center><font size="3" face="Times New Roman, Times, serif">SECURITIES AND EXCHANGE
  COMMISSION<br>
  Washington, D.C. 20459</font></p>
<br>
<hr width=10% size=1 noshade align=center>
<br>
<p align=center><font size="3" face="Times New Roman, Times, serif"><strong>FORM
  6-K<br>
  <br>
  Report of Foreign Issuer<br>
  Pursuant to Rule 13a-16 or 15d-16 of<br>
  the Securities Exchange Act of 1934<br>
  <br>
  November 19, 2002</strong></font></p>
<hr width=10% size=1 noshade align=center>
<p align=center><font size="4" face="Times New Roman, Times, serif"><strong>Telecom Argentina
STET-France Telecom S.A.</strong></font><br>
<font size="2" face="Times New Roman, Times, serif">(Exact name of registrant
as specified in its charter)</font>
<p align=center><font size="4" face="Times New Roman, Times, serif"><strong>Telecom
  Argentina STET-France Telecom S.A.</strong></font><br>
  <font size="2" face="Times New Roman, Times, serif">(Translation of registrant&#8217;s name
  into English)</font></p>
<p align=center><font size="3" face="Times New Roman, Times, serif"><strong>Alicia
  Moreau de Justo, No. 50, 1107<br>
  Buenos Aires, Argentina </strong></font><br>
  <font size="2" face="Times New Roman, Times, serif">(Address of principal executive office)</font></p>
<p align=center>Indicate by check mark whether the registrant files or will file<br>
annual reports under cover of Form 20-F or Form 40-F:</p>
<div align=center>
 <table cellpadding=0 cellspacing=0>
    <tr>
      <td>Form 20-F
      <td><u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></td>
      <td width=150>&nbsp;</td>
      <td>Form 40-F
      <td><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></td>
    </tr>
  </table>
  </div>
<p align=center>Indicate by check mark whether the registrant by furnishing the information<br>
contained in this Form is also thereby furnishing the information to the Commission<br>
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:</p>
<div align=center>
    <table cellpadding=0 cellspacing=0>
      <tr>
        <td>Yes
        <td><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></td>
        <td width=150>&nbsp;</td>
        <td>No
        <td>
        <td><u>&nbsp;&nbsp;X&nbsp;&nbsp;</u></td>
      </tr>
    </table>
  </div>
<p align=center>If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant<br>
in connection with Rule 12g3-2(b):  <u>N/A</u></p>
<br>
<br>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px"><br>
<br>
<p align=center><font size="3" face="Times New Roman, Times, serif"><strong>Telecom
  Argentina STET-France Telecom S.A.</strong></font></p>
<p align=center><font size="3" face="Times New Roman, Times, serif">TABLE OF CONTENTS</font></p><br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="6%" align="center" valign="bottom"><font size="3" face="Times New Roman, Times, serif"><strong><u>Item</u></strong></font></td>
    <td width="79%">&nbsp;</td>
    <td width="15%" align="center" valign="bottom" nowrap><strong>Sequential<br>
      Page<br>
      <u>Number</u></strong></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td align=center valign="top"><font size="3" face="Times New Roman, Times, serif">1.</font></td>
    <td>Free translation letter to the Buenos Aires Stock Exchange relating to
      Article 23-Listing Regulations</td>
    <td align="center" valign="bottom"><font size="3" face="Times New Roman, Times, serif">3</font></td>
  </tr>
  <tr>
    <td align=center valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="bottom">&nbsp;</td>
  </tr>
  <tr>
    <td align=center valign="top">2.</td>
    <td>Press Release dated November 18, 2002 regarding the appointment of Telecom
      Argentina Stet-France Telecom&#8217;s Chairman and Changes in its Board
      of Directors</td>
    <td align="center" valign="bottom">6</td>
  </tr>
</table>
<br>
<br>
<hr><br>
<br>
<p align=center><font size="3" face="Times New Roman, Times, serif"><strong>SIGNATURE</strong></font></p>
<p><font size="3" face="Times New Roman, Times, serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</font></p><br>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="46%">&nbsp;</td>
    <td colspan=2>Telecom Argentina STET-France Telecom S.A.</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td width="4%">&nbsp;</td>
    <td width="50%">&nbsp;</td>
  </tr>
  <tr>
    <td><font size="3" face="Times New Roman, Times, serif">Date: November 19,
      2002</font></td>
    <td><font size="3" face="Times New Roman, Times, serif">By:</font></td>
    <td><font size="3" face="Times New Roman, Times, serif"><u>/s/ Christian Chauvin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><font size="3" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td><font size="3" face="Times New Roman, Times, serif">Name: Christian Chauvin<br>
      Title: &nbsp;&nbsp;Vice-President </font></td>
  </tr>
</table><br>
<br>
<br>
<hr><br>
<br>
<p align=right><strong>Item 1</strong></p>
<p align=right><img src="telecom_logo.jpg"></p>

<p><u>FREE TRANSLATION</u></p>
<p>Buenos Aires, November 18, 2002</p>
<p>Buenos Aires Stock Exchange</p>
<p>Dear Sirs,</p>
<p align=center>Re.: <u>Article 23 - Listing Regulations</u></p>
<p>I am writing to you as Responsible of Market Relations of TELECOM ARGENTINA
  STET-FRANCE TELECOM S.A. to inform you about the following matters: </p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="4%" align="right" valign="top">1.&nbsp;</td>
    <td width="96%" align="left" valign="top">As it was previously announced,
      on the 20th of September, Mr. Juan Carlos Masjoan submitted his resignation
      to the position of Chairman of the Company. Mr. Masjoan&#8217;s resignation became
      effective on November 15, 2002.</td>
  </tr>
  <tr>
    <td align="right" valign="top">&nbsp;</td>
    <td align="left" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td align="right" valign="top">2.&nbsp;</td>
    <td align="left" valign="top"> Today a Board of Directors meeting was held
      in which the resignation submitted by the Company&#8217;s Vice-Chairman,
      Mr. Franco Bertone has been accepted as were the resignations submitted
      on November 15, 2002 by the Alternate Directors, Messrs. Antonio Porro and
      Luca Minzolini. In all cases, the resignations are based on reasons of professional
      nature.</td>
  </tr>
  <tr>
    <td align="right" valign="top">&nbsp;</td>
    <td align="left" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td align="right" valign="top">3.&nbsp;</td>
    <td align="left" valign="top">The Board of Directors has asked the Supervisory
      Committee that, in accordance with article 238 second paragraph of the Law
      of Corporations, such Supervisory Committee should appoint replacements
      to the Directors who have resigned until the celebration of the next shareholder&#8217;s
      meeting. The Supervisory Committee appointed as Directors, in replacement
      for Mr. Masjoan and Mr. Bertone, Mr. Amadeo V&aacute;zquez and Mr. Alberto Messano
      and as Alternate Directors, in replacement of Mr. Porro and Mr. Minzolini,
      Mr. Carlos Eduardo Monte Alegre Toro and Mr. Marco Girardi.</td>
  </tr>
  <tr>
    <td align="right" valign="top">&nbsp;</td>
    <td align="left" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td align="right" valign="top">4.&nbsp;</td>
    <td align="left" valign="top">The Board of Directors in addition and in anticipation
      to the incorporation of the new directors has appointed Mr. Amadeo V&aacute;zquez
      to act as non-executive Chairman and Mr. Alberto Messano to act as Vice-Chairman.</td>
  </tr>
  <tr>
    <td align="right" valign="top">&nbsp;</td>
    <td align="left" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td align="right" valign="top">5.&nbsp;</td>
    <td align="left" valign="top">As a result of these changes, the Board of Directors
      of Telecom Argentina is currently integrated in the following form:<br>
      <br> <u>Chairman:</u> Amadeo V&aacute;zquez.<br> <br> <u>Vice-Chairmen:</u> Christian
      Chauvin and Alberto Messano. <br> <br> <u>Directors:</u> Jean-Pierre Achouche,
      Franco Livini and Jorge Brea. <br> <br> <u>Alternate Directors:</u> Eric
      Bouvier, MaximoBomchil, Guillermo Brizuela, Carlos Eduardo Monte Alegre
      Toro and Marco Girardi. </td>
  </tr>
  <tr>
    <td align="right" valign="top">&nbsp;</td>
    <td align="left" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td align="right" valign="top">6.&nbsp;</td>
    <td align="left" valign="top">It is noted, with respect to the new directors,
      that Mr. Amadeo V&aacute;zquez, holds the position of &#8220;independent
      director, &#8221; and Messrs. Alberto Messano, Carlos Eduardo Monte Alegre
      Toro and Marco Girardi, hold the position of &#8220;non-independent directors,
      &#8221; according to the guidelines established by the Comis&iacute;on Nacional
      de Valores of Argentina.</td>
  </tr>
  <tr>
    <td align="right" valign="top">&nbsp;</td>
    <td align="left" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td align="right" valign="top">7.&nbsp;</td>
    <td align="left" valign="top"> It is also informed that on this date, meetings
      of the Board of Directors of our controlled subsidiaries Telecom Personal
      S.A. and Publicom S.A. have been held during which the resignations submitted
      for reasons of professional nature, by Mr. Franco Bertone (Director) and
      Luca Minzolini (Alternate Director) have been accepted. The respective Supervisory
      Committees, have appointed in replacement of the above mentioned Directors
      and Mr. Juan Carlos Masjoan (whose resignation became effective on 11/15/02),
      Mr. Amadeo V&aacute;zquez and Mr. Alberto Messano, as Directors; and Mr. Carlos
      Eduardo Monte Alegre Toro, as Alternate Director. Mr. Amadeo V&aacute;zquez has
      been appointed by the Board of Directors of both companies as non-executive
      Chairman.<br> <br>
      In turn, the Board of Directors of our controlled subsidiary &#8220;Telecom
      Argentina USA Inc.,&#8221; accepted the resignation for reasons of professional
      nature submitted by Mr. Franco Bertone and having become effective the resignation
      submitted by Mr. Juan Carlos Masjoan, and has appointed Mr. Amadeo V&aacute;zquez
      (non-executive Chairman) and Alberto Messano to replace them. </td>
  </tr>
</table>
<p>In compliance with the applicable regulation, the names and other relevant
  information of the new directors will be submitted to you shortly.</p>
<p>There being no further matters to discuss, I take the opportunity to salute
  you very kindly. </p>
<p align=center>Pedro Gast&oacute;n Insussarry<br>
Responsible to Investor Relations</p>
<br>
<br clear=all>
<hr><br>
<br>
<p align=right><strong>Item 2</strong></p>
<div align=center>
  <table width=100% border=0 cellspacing=0 cellpadding=0>
    <tr>
      <td width=646 valign=top><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif"><u>FOR
        IMMEDIATE RELEASE</u></font></strong></td>
    </tr>
    <tr>
      <td><font color="#0099FF">&nbsp;</font></td>
      <td width="331"><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif"><u>Market
        Cap: Pesos 1,181 million</u><br>
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>(November
        18, 2002)</u></font></strong></td>
    </tr>
    <tr>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif"><u>Contacts</u>:</font></strong></td>
    </tr>
    <tr>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">Pedro
        Insussarry</font></strong></td>
    </tr>
    <tr>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">Elvira
        Lazzati</font></strong></td>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">Kevin
        Kirkeby</font></strong></td>
    </tr>
    <tr>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">Telecom
        Argentina</font></strong></td>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">Golin/Harris
        International</font></strong></td>
    </tr>
    <tr>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">(54-11)
        4968-3627/3626</font></strong></td>
      <td><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif">(212)
        697-9191</font></strong></td>
      <strong><font color="#3333FF" size="2" face="Arial, Helvetica, sans-serif">
      </font></strong></tr>
    <tr>
      <td colspan="4">&nbsp;</tr>
    <tr>
      <td colspan="4"><font color="#0099FF"><u><u>
        <div align="center"><strong><font size="2" face="Arial, Helvetica, sans-serif"><u>TELECOM
          ARGENTINA STET-FRANCE TELECOM S.A.</u></font></strong></div>
        </u></u></font></tr>
    <tr>
      <td colspan=2 align=center><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif"><u>ANNOUNCES
        THE APPOINTMENT OF ITS CHAIRMAN AND</u></font></strong></td>
    </tr>
    <tr>
      <td colspan=2 align=center><strong><font color="#0099FF" size="2" face="Arial, Helvetica, sans-serif"><u>CHANGES
        IN ITS BOARD OF DIRECTORS</u></font></strong></td>
    </tr>
  </table>
</div><br>
<p>Buenos Aires, November 18, 2002 - Telecom Argentina STET - France Telecom S.A. (BASE: TECO2,
NYSE: TEO), announced today, as it was previously announced, on the 20th of September,
Mr. Juan Carlos Masjoan submitted his resignation to the position of Chairman
of the Company. Mr. Masjoan&#8217;s resignation became effective on November 15, 2002. </p>
<p>Today, a Board of Directors meeting was held in which
the resignation submitted by the Company&#8217;s Vice-Chairman, Mr. Franco Bertone
has been accepted as were the resignations submitted on November 15, 2002 by
the Alternate Directors, Messrs. Antonio Porro and Luca Minzolini. In all
cases, the resignations are based on reasons of professional nature.</p>
<p>The Board of Directors has asked the Supervisory
Committee that, in accordance with article 238 second paragraph of the Law of
Corporations, such Supervisory Committee should appoint replacements to the
Directors who have resigned until the celebration of the next shareholder&#8217;s
meeting. The Supervisory Committee appointed as Directors, in replacement for
Mr. Masjoan and Mr. Bertone, Mr. Amadeo V&aacute;zquez and Mr. Alberto Messano and as
Alternate Directors, in replacement of Mr. Porro and Mr. Minzolini, Mr. Carlos
Eduardo Monte Alegre Toro and Mr. Marco Girardi. </p>
<p>The Board of Directors in addition and in anticipation
to the incorporation of the new directors has appointed Mr. Amadeo V&aacute;zquez to
act as non-executive Chairman and Mr. Alberto Messano to act as Vice-Chairman. </p>
<p>As a result of these changes, the Board of Directors
of Telecom Argentina is currently integrated in the following
form:</p>
<p><u>Chairman:</u> Amadeo V&aacute;zquez.</p>
<p><u>Vice-Chairmen:</u> Christian Chauvin and Alberto Messano. </p>
<p><u>Directors:</u> Jean-Pierre Achouche, Franco Livini and
Jorge Brea. </p>
<p><u>Alternate Directors:</u> Eric Bouvier, Maximo Bomchil, Guillermo
Brizuela, Carlos Eduardo Monte Alegre Toro and Marco Girardi. </p>
<p>It is noted, with respect to the new directors, that
Mr. Amadeo V&aacute;zquez, holds the position of &#8220;independent director,&#8221; and Messrs.
Alberto Messano, Carlos Eduardo Monte Alegre Toro and Marco Girardi, hold the
position of &#8220;non-independent directors,&#8221; according to the guidelines
established by the Comis&iacute;on Nacional de Valores of Argentina.</p>
<p>It is also informed that today, meetings of the Board
of Directors of our controlled subsidiaries Telecom Personal S.A. and Publicom
S.A. have been held during which the resignations submitted for reasons of
professional nature, by Mr. Franco Bertone (Director) and Luca Minzolini
(Alternate Director) have been accepted. The respective Supervisory Committees,
have appointed in replacement of the above mentioned Directors and Mr. Juan
Carlos Masjoan (whose resignation became effective on 11/15/02), Mr. Amadeo V&aacute;zquez and Mr. Alberto
Messano, as Directors; and Mr. Carlos Eduardo Monte Alegre Toro, as Alternate
Director. Mr. Amadeo V&aacute;zquez has been appointed by the Board of Directors of
both companies as non-executive Chairman.</p>
<p>In turn, the Board of Directors of our controlled
subsidiary &#8220;Telecom Argentina USA Inc.,&#8221; accepted the resignation for reasons
of professional nature submitted by Mr. Franco Bertone and having become
effective the resignation submitted by Mr. Juan Carlos Masjoan, has appointed
Mr. Amadeo V&aacute;zqueznon-executive
Chairman) and Alberto Messano to replace them.</p>
<p align=center>*******</p>
<p><font size="2" face="Times New Roman, Times, serif">Telecom Argentina is the parent
  company of a leading telecommunications group in Argentina, where it offers
  by itself or through its controlled subsidiaries local and long distance basic
  telephony, cellular, PCS, data transmission, and Internet services, among other
  services. Additionally, through a controlled subsidiary the Telecom Group offers
  cellular and PCS services in Paraguay. Telecom Argentina commenced operations
  on November 8, 1990, upon the Argentine Government&#8217;s transfer of the telecommunications
  system in the northern region.</font></p>
<p><font size="2" face="Times New Roman, Times, serif">Nortel Inversora S.A. (&#8220;Nortel&#8221;),
  which acquired the majority of the Company from the Argentine government, holds
  54.74% of Telecom&#8217;s common stock. Nortel is a holding company where the common
  stock (aprox. 68% of capital stock) is owned in equal parts by the Groups Telecom
  Italia and France Telecom. Additionally, the capital stock of Nortel is comprised
  of preferred shares that are in hands of minority shareholders.</font></p>
<p><font size="2" face="Times New Roman, Times, serif">On September 30, 2002, Telecom had
  984,380,978 shares outstanding.</font></p>
<p align=center><font size="2" face="Times New Roman, Times, serif">*******</font></p>
<p><font size="2" face="Times New Roman, Times, serif"><u>Disclaimer</u></font><br>
<font size="2" face="Times New Roman, Times, serif">This document may contain statements
  that could constitute forward-looking statements, including, but not limited
  to the Company&#8217;s expectations for its future performance, revenues, income,
  earnings per share, capital expenditures, dividends, liquidity and capital structure;
  the impact of recent emergency laws enacted by the Argentine government; and
  the impact of rate changes and competition on the Company&#8217;s future financial
  performance. Forward looking statements may be identified by words such as
  &#8220;believes&#8221;, &#8220;expects&#8221;, &#8220;anticipates&#8221;, &#8220;projects&#8221;,
  &#8220;intends&#8221;, &#8220;should&#8221;, &#8220;seeks&#8221;, &#8220;estimates&#8221;,
  &#8220;future&#8221; or other similar expressions. Forward-looking statements
  involve risks and uncertainties that could significantly affect the Company&#8217;s
  expected results. The risks and uncertainties include, but are not limited
  to, uncertainties concerning the impact of recent emergency laws enacted by
  the Argentine government which have resulted in the repeal of Argentina&#8217;s convertibility
  law, the devaluation of the peso, restrictions on the ability to exchange pesos
  into foreign currencies, the adoption of a restrictive currency transfer policy,
  the &#8220;pesification&#8221; of tariffs charged for public services, the elimination
  of indexes to adjust rates charged for public services and the Executive branch
  announcement to renegotiate the terms of the concessions granted to public service
  providers, including Telecom. Due to extensive and rapid changes in laws and
  economic and business conditions in Argentina, it is difficult to predict the
  impact of these changes on the Company&#8217;s financial condition. Other factors
  may include, but are not limited to, the current and on-going recession in Argentina,
  growing inflationary pressure and reduction in consumer spending and the outcome
  of certain legal proceedings. Readers are cautioned not to place undue reliance
  on forward looking statements, which speakonly as the date of this document.
  The Company undertakes no obligation to release publicly the results of any
  revisions to forward looking statements which may be made to reflect events
  and circumstances after the date of this press release, including, without limitation,
  changes in the Company&#8217;s business or to reflect the occurrence of unanticipated
  events. Readers are encouraged to consult the Company&#8217;s Annual Report and Form
  20-F as well as periodic filings made on Form 6-K, which are filed with or furnished
  to the United States Securities and Exchange Commission.</font></p>
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end

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
