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Swisscom AG (SCMWY.PK)

SCMWY.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Swisscom FY net income up at CHF 1,604 mln
Wednesday, 8 Feb 2017 01:25am EST 

Swisscom AG : FY consolidated net revenue remained practically unchanged compared with previous year at 11,643 million Swiss francs ($11.67 billion), which is quite remarkable considering price pressure and market environment . FY EBITDA up by 4.8% in overall terms to 4,293 million Swiss francs; however EBITDA fell slightly, by 1.2%, on an adjusted basis . FY net income rose by 17.8% to 1,604 million Swiss francs, largely due to non-recurring items . Plans to reduce its cost base by over 300 million Swiss francs between 2015 and 2020 . For 2017, Swisscom expects a net revenue of around 11.6 billion Swiss francs, EBITDA of around 4.2 billion francs and capital expenditure of around 2.4 billion francs . With this in mind, reorganisation of swisscom will continue into 2017 . If targets are met, Swisscom will propose to 2018 annual general meeting payment of an unchanged dividend of 22 Swiss francs per share for 2017 financial year . By end of 2017, swisscom expects to have a headcount of around 17,900 FTES in Switzerland, around 500 fewer than at end of 2016 .Payment of an unchanged dividend of 22 francs per share will be proposed to annual general meeting on April 3, 2017.  Full Article

Galenica: Swisscom Health to take over Galenica practice information system
Friday, 9 Dec 2016 01:03am EST 

Galenica AG :Swisscom Health to take over Galenica practice information system.  Full Article

Swisscom H1 net income up 0.5 pct
Thursday, 18 Aug 2016 01:21am EDT 

Swisscom AG : Net revenue for first half of 2016 was slightly higher than prior-year level at chf 5,769 million . Expects to book a gain of around chf 40 million for metroweb stake sale in second half of 2016 . Forecast for 2016: higher capital expenditure in switzerland and improved operating result due to non-recurring item at fastweb . Ebitda rose by 4.4% or chf 94 million to chf 2,227 million .Net income rose by chf 4 million or 0.5% to chf 788 million.  Full Article

Swisscom to sell 10.6% stake in Metroweb s.p.a. to main shareholder
Friday, 5 Aug 2016 03:04am EDT 

Swisscom AG : Says transaction amounts to 80 million euro . Says swisscom has signed agreements for sale of its stake in metroweb s.p.a. .Says has signed agreements for sale of its 10.6% stake in metroweb s.p.a. to main shareholder metroweb italia s.p.a.  Full Article

Telecom Italia does not see antitrust hurdle to Fastweb JV - CFO
Wednesday, 27 Jul 2016 04:56am EDT 

Telecom Italia CFO Piergiorgio Peluso says: does not expect antitrust opposition to JV with Fastweb Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Swisscom's Fastweb,Iliad said to bid for Italian mobile assets - Bloomberg
Tuesday, 7 Jun 2016 01:34pm EDT 

: Swisscom's Fastweb, Iliad said to bid for Italian mobile assets - Bloomberg, citing sources .Vimpelcom,CK Hutchison Holdings received preliminary bids for some of their assets from Swisscom,Iliad,Digicel Group Ltd - Bloomberg, citing sources.  Full Article

Swisscom denies Comco allegations over sports content marketing
Tuesday, 24 May 2016 01:37am EDT 

Swisscom AG : Swisscom denies allegations made by Comco regarding marketing of sports programmes . Swisscom and Cinetrade deny allegations and remain confident that they acted lawfully in marketing of sports content .An appeal will be lodged with federal administrative court and, if necessary, federal supreme court.  Full Article

Swisscom confirms FY 2016 outlook
Monday, 2 May 2016 08:00pm EDT 

Swisscom AG:Outlook for FY 2016 remains unchanged, with an expected net revenue of more than 11.6 billion Swiss francs, EBITDA of around 4.2 billion francs and capital expenditure in excess of 2.3 billion francs.FY 2016 revenue estimate 11.71 billion Swiss francs - Thomson Reuters I/B/E/S.FY 2016 EBITDA estimate 4.27 billion Swiss francs - Thomson Reuters I/B/E/S.  Full Article

Swisscom gives FY 2016 outlook in line with analysts' estimates; to propose FY 2015 dividend
Wednesday, 3 Feb 2016 07:00pm EST 

Swisscom AG:Will propose unchanged dividend of 22 Swiss francs per share for FY 2015.For FY 2016, Swisscom expects revenue in excess of 11.6 billion Swiss francs, EBITDA of around 4.2 billion Swiss francs and capital expenditure of over 2.3 billion Swiss francs.FY 2016 revenue estimate 11.76 billion Swiss francs - Thomson Reuters I/B/E/S.FY 2016 EBITDA estimate 4.33 billion Swiss francs - Thomson Reuters I/B/E/S.  Full Article

Swisscom AG takes over majority stake in start-up Mila
Sunday, 29 Nov 2015 07:00pm EST 

Swisscom AG:Takes over majority stake in start-up Mila.  Full Article

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