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Swisscom AG (SCMN.S)

SCMN.S on Virt-X Level 1

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Latest Key Developments (Source: Significant Developments)

Fastweb denies involvement in alleged cartel in billing probe
Thursday, 15 Feb 2018 01:29pm EST 

Feb 15 (Reuters) - Fastweb says::WILL COOPERATE WITH ITALIAN REGULATOR OVER BILLING PROBE, DENIES ANY INVOLVEMENT IN ALLEGED CARTEL AND SAYS ALWAYS RESPECTED EXISTING LAWS.  Full Article

Rpt-Switzerland's UPC to switch to Swisscom from Iliad's Salt in 2019
Monday, 8 Jan 2018 04:11am EST 

Jan 8 (Reuters) - Switzerland's Upc Says To Use Swisscom Ag ::MOBILE NETWORK FOR ITS MOBILE OFFERS AFTER USING SALT’S <<>> MOBILE NETWORK SINCE 2015.UPC SAYS MOBILE CUSTOMERS CURRENTLY STAND AT MORE THAN 100,000.SAYS SWITCH TO TAKE PLACE IN EARLY 2019‍​.  Full Article

Swiss Govt says leaving strategic targets for Swisscom nearly unchanged‍​
Wednesday, 22 Nov 2017 05:44am EST 

Nov 22 (Reuters) - Swiss Govt Says Leaving Strategic Targets For Swisscom nearly unchanged:says expects Swisscom to contribute to digitalisation of all Swiss regions.Swiss government holds a 51 percent stake in Swisscom.As main shareholder, every four years the Swiss government lays out the goals it wants Swisscom to pursue.  Full Article

Swiss cut fees for 5G frequencies, to allot more bands
Wednesday, 8 Nov 2017 04:08am EST 

Nov 8 (Reuters) - :Swiss government says licence fees for mobile radio frequencies in the 3 ghz range are being set at a level which is customary internationally.Swiss government says federal communications commission is preparing the allocation of frequencies, amended ordinance will enter into force on 1 january 2018.Swiss government says new frequency bands are to be allocated to the mobile communications sector to enable the launch of "5G" technology in switzerland.Swiss government says use of the 694-790 mhz range of frequencies, originally reserved for broadcasting, will henceforth be designated for broadband mobile radio applications.Swiss government says strategic measures are being taken to enable future use of mobile radio frequencies in additional frequency bands.Swiss government says new frequencies will be allocated in the coming year by swiss federal communications commission.  Full Article

Swisscom picks Ericsson to supply Gigabit LTE and 5G
Wednesday, 8 Nov 2017 02:05am EST 

Nov 8 (Reuters) - Swisscom AG :Swisscom says selects Ericsson <<>> as strategic supplier for Gigabit LTE and 5G.Swisscom says Ericsson to provide complete digital transformation of Swisscom's network to nationwide gigabit lte and deployment of 5G.  Full Article

Fastweb CEO says not interested in BT's Italian unit
Monday, 8 May 2017 07:09am EDT 

May 8 (Reuters) - Fastweb Chief Executive Alberto Calcagno says::Sees company's share in Italian mobile market at 3-5 percent in next 2-3 years.There is no interest or ongoing talks with BT's Italian unit.  Full Article

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

Swiss stocks - Factors to watch on July 31

ZURICH, July 31 The Swiss blue-chip SMI index was seen opening little changed at 9,166 points on Tuesday, according to premarket indications by bank Julius Baer .