In 2019, Swisscom continued to perform well in a challenging environment. The independent proxy, voting on behalf of shareholders, approved all motions of the Board of Directors with a clear majority at the 22nd Ordinary Shareholders’ Meeting held on 6 April. Due to the measures in place to combat coronavirus, the OSM was held for the first time without the physical presence of shareholders.
The 22nd Ordinary Shareholders’ Meeting was broadcast live on 6 April 2020. In our video of the event, you can watch and hear all the speeches and presentations in full. You can also check individual agenda items and view the presented slides.
Total length: 01:06:22
In his speech at the OSM 2020, Hansueli Loosli, Chairman of the Board of Directors, describes how Swisscom has maintained its strong market position in 2019. "We are countering the challenges of 2020 with attractive products, our high-quality networks and outstanding service." In terms of the strategy, he focuses on the further expansion of the networks by 2025 in particular. In his outlook, he forecasts stable business performance for the company despite the uncertainty relating to the impact of the coronavirus.
In his speech at the OSM 2020, Urs Schaeppi highlights Swisscom’s sound business performance in 2020, despite the high pricing and competitive pressures faced by the company. "We intend to double our fibre-to-the-home and further expand 5G by 2025." His outlook highlights the importance of other key issues. These include providing exciting new products to residential customers; doubling down the focus on corporate customers; growing the business in Italy and further reducing costs.
A transcript of the 2020 Ordinary Shareholders’ Meeting will be available soon.
The shareholders' voting results will be available here soon.