TELECOM ARGENTINA S A

Ticker: TEO CUSIP: 879273209 Class: ADR

UNITED CAPITAL FINANCIAL ADVISORS, LLC's Holding History (CIK: 0001463217)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015
Shares 154,311 Value ($000) $2,247 Avg Close — Range —
Q2 2015
Shares 143,440 Value ($000) $2,580 Avg Close — Range —
Q1 2015
Shares 109,762 Value ($000) $2,290 Avg Close — Range —
Q4 2014
Shares 79,489 Value ($000) $1,538 Avg Close — Range —
Q3 2014
Shares 69,246 Value ($000) $1,406 Avg Close — Range —
Q2 2014
Shares 51,532 Value ($000) $1,214 Avg Close — Range —
Q1 2014
Shares 10,757 Value ($000) $205 Avg Close — Range —