Swisscom, Switzerland’s leading telecoms company and one of its leading IT companies, is headquartered in Ittigen, close to the capital city Berne. Swisscom’s international activities are concentrated mainly in Italy, where its subsidiary Fastweb is one of the biggest broadband providers. More than 21,000 employees generated sales of CHF 2.83 billion in the first quarter of 2017. Swisscom is one of the most sustainable companies in Switzerland and Europe.
Digitisation, changing customer needs, cut-throat competition in the saturated core market and new providers with disruptive business models are all putting pressure on our business. The aim of our long-term strategy is to compensate for the decline in revenue and income in order to maintain financial strength for the high level of investment in new technologies.
Based on its strategy, Swisscom has set different short and long-term goals, which take into account economic, ecological and social aspects.
Financial Goals for 2017
|Net revenue||approx. CHF 11.6 billion|
|Operating income before depreciation and amortisation (EBITDA)||approx. CHF 4.2 billion|
|Capital expenditure in property, plant and equipment and other intangible assets||approx. CHF 2.4 billion|
|Energy efficiency in Switzerland||+35% to end 2020 (compared with 2016)|
|CO² emissions in Switzerland||2:1 (savings twice as great as own emissions) by end-2020|
|Ultra-broadband in Switzerland||90% cover by end 2021|
|Ultra-broadband in Italy||50% cover by end 2020|
In the first quarter of 2017 revenue decreased slightly by CHF 54 million or 1.9% year-on-year to CHF 2,831 million. Operating income before depreciation and amortization (EBITDA) decreased by CHF 8 million or 0.7% to CHF 1,073 million. Capital expenditure decreased compared to the previous year by CHF 67 million or 11.2% to CHF 529 million.
Swisscom offers corporate and residential customers mobile and fixed-line telephony, Internet and digital TV. Furthermore, we are one of Switzerland’s largest providers of IT services. We build and maintain infrastructure for mobile and fixed-line telephony, transmit broadcasting signals and are active in the banking, energy, entertainment, advertising and healthcare sectors.
Swisscom employs over 18,000 people at locations throughout Switzerland, including more than 940 apprentices. Around one third have daily contact with customers, either in sales or in customer service. Swisscom offers its staff outstanding working conditions under a collective employment agreement.
Swisscom generates over 80% of its net revenue and operating income before depreciation and amortisation (EBITDA) from business operations in Switzerland. The Swiss telecommunications market has an estimated total revenue volume of CHF 12 billion, the market for IT services has total revenue of CHF 8.6 billion. With a 9% market share we are one of the biggest IT providers. Outside Switzerland we are primarily active in Italy, where with Fastweb and a 16% market share, we are the number two in the broadband market.
Swisscom rates sustainability very highly. We aim to save resources and ensure communication services in harmony with this aspiration. As a national infrastructure provider and a company committed to providing a public service, Swisscom holds a special position. Our sustainability strategy helps to ensure our company's long-term success.