BUENOS AIRES, Argentina, Nov. 3, 2010 /PRNewswire-FirstCall/ -- Nortel Inversora S.A. , whose substantial activity is owning 54.741682% of the stock of Telecom Argentina S.A. (Telecom) and whose substantial source of cash income is cash dividends and other distributions paid on such stock, today announced consolidated net income of Ps. 726 million for the nine-month period of fiscal year 2010.