SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________


FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of November, 2009
______________________

Telefónica de Argentina S.A.
(Exact name of registrant as specified in its charter)

Telefonica of Argentina Inc.
(Translation of registrant’s name into English)


Avenida HUERGO 723
Ground Floor
(C1107A0H) Buenos Aires, Argentina
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F:

Form 20-F
X
 
Form 40-F
 

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes
   
No
X

If “Yes” is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): N/A





 
 

 

Telefónica de Argentina S.A.

TABLE OF CONTENTS


Item
 
1
Letter to the Buenos Aires Stock Exchange dated November 2, 2009
 
 
 
 
 

 

 
Telefónica de Argentina S.A.


Buenos Aires, November 2 nd , 2009


Messrs.
Bolsa de Comercio de Buenos Aires [Buenos Aires Stock Exchange]


Ref.: Cancellation of Telefónica de Argentina S.A. Corporate Bonds.


Dear Sir,

I am writing to you in my capacity as attorney of Telefónica de Argentina S.A., with main place of business at Avenida Ingeniero Huergo 723, ground floor, City of Buenos Aires, in order to advise that the Company has cancelled the overall outstanding equity for USD 28,576 corresponding to the 8.850%-Convertible Corporate Bonds due in August 2011.

Best regards,


/s/ Pablo Lauró
 
 
 
Attorney
 

 
 
 

 

SIGNATURE

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 

 
   
Telefónica de Argentina S.A.
 
       
       
Date:
November 2, 2009
 
By:
/s/ Pablo Luis Llauró
 
       
Name:
Pablo Luis Llauró
 
       
Title:
Assistant General Counsel
 




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