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Swisscom AG
Company type
Public (Aktiengesellschaft)
Traded as
SIX: SCMN
SMI component
Predecessor
Telecom PTT
Founded
October 1, 1997; 26 years ago (1997-10-01)
Headquarters
Worblaufen, Ittigen (canton of Bern),
Switzerland
Key people
Christoph Aeschlimann (CEO)
Michael Rechsteiner (chairman)
Revenue
CHF 11.07 billion (2023)[1]
Operating income
CHF 2.205 billion (2023)[1]
Net income
CHF 1.711 billion (2023)[1]
Total assets
CHF 24.75 billion (2023)[2]
Total equity
CHF 11.62 billion (2023)[2]
Owner
Swiss Government (51%)
Number of employees
19,729 (2023)[1]
Subsidiaries
Fastweb
ASN
3303
Traffic Levels
1Tbps+[3]
Website
swisscom.ch/en/about.html
Swisscom AG is a major telecommunications provider in Switzerland.[4] Its headquarters are located in Worblaufen near Bern.[5] The Swiss government owns 51 percent of Swisscom AG.[6] According to its own published data, Swisscom holds a market share of 56% for mobile, 50% for broadband and 37% for TV telecommunication in Switzerland.[7] Its Italian subsidiary Fastweb is attributed 16% of private clients and 29% of corporate clients share of Italian broadband and is also active in the mobile market.[8]
The Swiss telegraph network was first set up in 1852, followed by telephones in 1877. The two networks were combined with the postal service in 1920 to form Postal Telegraph and Telephone (PTT). The Swiss telecommunications market was deregulated in 1997. Telecom PTT was spun off and rebranded Swisscom ahead of a partial privatisation in 1997. The present-day Swisscom owns the protected brand NATEL, which is used and known only in Switzerland.[9]
In 2001, 25% of Swisscom Mobile was sold to Vodafone. In 2007, Swisscom acquired a majority stake in Italy's second-biggest telecom company Fastweb.
^ abcd"Annual Report 2023". Swisscom. Retrieved 24 March 2024.
^"The Swiss telecommunications market". International Telecommunication Union. Archived from the original on 5 December 2020. Retrieved 30 August 2015.
Swisscom AG is a major telecommunications provider in Switzerland. Its headquarters are located in Worblaufen near Bern. The Swiss government owns 51 percent...
Retrieved 6 October 2019. "2G phase-out – modernisation of the Swisscom mobile network". Swisscom. Archived from the original on 6 April 2020. Retrieved 6 October...
sale of its 25% stake in Switzerland's Swisscom for CHF4.25 billion (£1.8 billion). After the deal, Swisscom would still be part of the community as...
Cinetrade AG) is a Swiss media company owned by telecommunication provider Swisscom. The company specialised in film and sport programming rights for television...
The Locarno Film Festival is a major international film festival, held annually in Locarno, Switzerland. Founded in 1946, the festival screens films in...
and must be of a certain quality”. For the period from 2024 to 2031, Swisscom has been designated as the holder of the universal service license. Internet...
Tennis Grand Prix in Filderstadt, before losing in the final of the Tier I Swisscom Challenge in Zürich to No. 1 Davenport and the semifinals of the Tier I...
Cablecom and Swisscom TV. Teleclub also provides Video On Demand services (Teleclub On Demand and Teleclub Play) exclusively to the Swisscom TV service...
The 2001 Swisscom Challenge was a women's tennis tournament played on indoor carpet courts. It was the 18th edition of the event and was part of the Tier...
The 2002 Swisscom Challenge was a women's tennis tournament played on indoor hard courts. It was the 19th edition of the event known as the Zurich Open...
The 1997 European Indoors was a women's tennis tournament played on indoor hard courts at the Schluefweg in Zürich in Switzerland that was part of Tier...
the Swiss Competition Commission in 2009 and Swisscom was subsequently fined around CHF 220 million. Swisscom lodged an appeal but the appeal court confirmed...
public network using fibre optics for retail consumers. On 12 March 2007, Swisscom, the Swiss telecommunications provider, offered 5.7 billion Euros to acquire...
3G network, in order to enhance the 4G and 5G ones. On 15 March 2024, Swisscom purchases 100% of Vodafone Italy for 8 billion euros, thus merging it with...
centar". Archived from the original on 2016-04-08. Retrieved 2015-08-24. "Swisscom: Emergency numbers". Archived from the original on 1 December 2008. Retrieved...
Global Information
CHF 11.07 billion (2023)[1]