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. Around 21,400 employees achieve a revenues of CHF 5.77 billion in the first half of 2016. Swisscom is one of the most sustainable companies in Switzerland and Europe.
Technological transformation, intensive local and global competition and changing customer needs result in continuous price and volume erosion in our traditional business with usage-based products. Our long-term strategy aims to compensate for the decline in revenue and profit, thus maintaining the financial power to invest strongly 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 2016
|Net revenue||more than CHF 11.6 billion|
|Operating income before depreciation and amortisation (EBITDA)||approx. CHF 4.25 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 2015)|
|CO² emissions in Switzerland||2:1 (savings twice as great as own emissions) by end-2020|
|Ultra-broadband homes and businesses in Switzerland||85% cover by end 2020 with over 50 Mbps|
|Ultra-broadband homes and businesses in Italy||30% cover or around 7.5 million by end-2016|
|Mobile ultra-broadband in Switzerland||99% coverage with 4G/LTE by the end of 2016|
In the first half of 2016, revenue increased by CHF 11 million or 0.2% to CHF 5,769 million compared to the previous year. The operating income before depreciation and amortization (EBITDA) increased by CHF 94 million or 4.4% to CHF 2,227 million. Swisscom's capital expenditure increased by CHF 51 million or 4.5% to CHF 1,193 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 approx. 19,000 people at locations throughout Switzerland, including more than 900 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 around CHF 13 billion, the market for IT services has total revenue of CHF 8.7 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 behind Telecom Italia.
In the Swiss fixed network market, Liberty Global subsidiary UPC and Sunrise are the strongest competitors. Freenet AG has a minority shareholding in Sunrise, which is listed on the Swiss Stock Exchange. Two of the main competitors in the mobile market are Salt and Sunrise. Salt is owned by NJJ Capital. In the enterprise sector, international providers such as British Telecom or Colt are also rivals. In Italy, Telecom Italia and Vodafone are Fastweb's most significant competitors
|Digital TV||UPC, Sunrise, Quickline|
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.