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Nortel Inversora S.A. Announces The Filing Of Its Annual Report On Form 20-F With The Securities And Exchange Commission

BUENOS AIRES, Argentina, April 30, 2012 /PRNewswire/ -- Nortel Inversora (NYSE: NTL) , ("Nortel Inversora" or the "Company") the holding company of Telecom Argentina S.A., announced today that it has submitted its Annual Report on Form 20-F ("Form 20-F") and the corresponding complete audited financial statements as of and for the year ended December 31, 2011 to the Securities and Exchange Commission ("SEC").

Moreover, the Form 20-F and the corresponding audited financial statements as of and for the year ended December 31, 2011 can be accessed and downloaded from the English version of the "Investors" section on the Company's website located at www.nortelsa.com.ar. In addition, these documents can be found on the SEC's web site ( www.sec.gov) in the section "Search for Company Filing/Companies & Other Filers", under the CIK code No. 0000877691.

Finally, upon request, shareholders have the ability to receive hard copies of the Form 20-F and the complete audited financial statements as of and for the year ended December 31, 2011 as filed with the SEC free of charge. Any requests and/or queries related to the Form 20-F and the financial statements should be made to the following persons:

Contact: Alberto FirpoNortel Inversora(54-11) 4968-3631/3630

Maria Blanco Salgado54-11-4968-3630Fax: 54-11-4313-1298E-mail: mblancosalgado@ta.telecom.com.ar

SOURCE Nortel Inversora S.A.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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