Overview
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Description
Swisscom AG Sponsored ADR is a financial asset representing shares in Swisscom AG, a leading telecommunications provider in Switzerland. This American Depositary Receipt (ADR) makes Swisscom's shares accessible to investors on U.S. stock exchanges, facilitating cross-border investment without the need to directly trade in foreign stock markets. Swisscom AG primarily operates in the telecommunications sector, offering mobile and fixed-line communication services, broadband internet, and digital TV services, in addition to ICT solutions for businesses. As a key player in the industry, Swisscom's influence extends significantly across various technological and connectivity sectors. The ADR structure allows for smoother currency exchange and dividend payment processing, thus appealing to international investors seeking exposure to Switzerland's stable and technologically advanced economy. Swisscom AG's presence in the U.S. markets enhances its global footprint, enabling diversification options for investors.
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
Germany
MIC code
XSTU