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661.5 CHF
10.5
1.61%
Last update Apr 30, 2:00 AM CEST
Post-market
Day range
651.5
664.5
Previous close
651
Open
651.5
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Swisscom AG
661.50
10.50
1.61%

Overview

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Description

Swisscom AG is Switzerland's leading telecommunications provider, offering integrated services in mobile, fixed-line telephony, broadband internet, and digital TV. Headquartered in Worblaufen near Bern, it holds dominant market shares of 56% in mobile, 50% in broadband, and 37% in TV within Switzerland, bolstered by the Swiss government's 51% ownership stake. The company operates through key segments including Residential Customers for consumer mobile and fixed-network services under brands like blue TV, Business Customers for ICT solutions such as cloud, IoT, and security tailored to enterprises, and IT, Network & Infrastructure for maintaining its extensive fiber-optic and mobile networks. Internationally, Swisscom AG strengthened its position by acquiring Vodafone Italia in 2024 through its subsidiary Fastweb, creating Fastweb + Vodafone as Italy's second-largest player with 16% private and 29% corporate broadband market share. With over 23,000 employees, Swisscom AG emphasizes innovation in 5G, cybersecurity, and sustainability, driving digital transformation across consumer, business, and wholesale markets while generating revenue primarily from Switzerland (about 76%) and Italy (24%).

About

CEO
Mr. Christoph Aeschlimann
Employees
23266
Address
Alte Tiefenaustrasse 6
11 Bermudiana Road
Worblaufen, 3050, MI
Switzerland
Phone
41 58 221 99 11
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Telecom Services
Country
Switzerland
MIC code
XSWX
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