Telecom Argentina (TEO) stock jumps on Banco Macro’s $75 million Personal Pay deal
New York, Jan 22, 2026, 3:17 PM EST — Regular session Telecom Argentina S.A.’s U.S.-listed ADRs (TEO), which track the company’s Argentine shares, jumped 11.7% to $12.57 Thursday afternoon.The surge came after a filing revealed Banco Macro plans to invest the peso equivalent of $75 million in Micro Sistemas, the operator behind its Personal Pay digital wallet, in exchange for a 50% stake—pending antitrust approval.The stock hit $12.91, with trading volume running more than twice its three-month average. Year to date, it’s gained roughly 9%. (Daily Times Leader) The deal slots one of Argentina’s top banks into a telecom-operated payments