EX-8.1 2 a15-9291_1ex8d1.htm EX-8.1

Exhibit 8.1

Telecom Argentina S.A.
Subsidiaries

Name |  | Jurisdiction of Incorporation
Telecom Personal S.A. |  | Argentina
Núcleo S.A. (1) |  | Paraguay
Personal Envíos S.A. (2) |  | Paraguay
Micro Sistemas S.A. (3) |  | Argentina
Telecom Argentina USA, Inc. |  | Delaware, United States

(1) Interest held indirectly through Telecom Personal S.A.

(2) Interest held indirectly through Núcleo S.A.

(3) Dormant subsidiary as of December 31, 2014.