Overview
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Description
Swisscom AG Sponsored ADR represents shares of Swisscom AG, a leading Swiss telecommunications company, in the form of American Depository Receipts (ADRs). These ADRs allow U.S.-based investors to gain exposure to Swisscom while trading in U.S. markets, benefiting from the convenience of dealing in U.S. currency and complying with local regulations. Swisscom AG operates as a major provider of telecommunication services in Switzerland, offering a range of services such as mobile and fixed-line telephony, broadband internet, and digital television. Additionally, Swisscom is involved in IT services and solutions, particularly through its subsidiary, Fastweb, in Italy. As a dominant player in the Swiss telecommunications market, Swisscom AG influences the technological landscape with significant investment in expanding and upgrading its network infrastructure. The ADR distinctly bridges the gap for global investors interested in Swiss telecommunication markets without the complexities of directly trading on the Swiss exchange.
About
CEO
Mr. Christoph Aeschlimann
Employees
19887
Address
Alte Tiefenaustrasse 6
Bern, 3048
Bern, 3048
Phone
41 62 286 12 12
Website
Instrument type
American depositary receipt
Sector
Communication Services
Industry
Telecom Services
Country
United States
MIC code
PINX