The other divisions supplement our core business in specific segments or support it in related areas of business. Subsidiaries and participations in new sectors serve to tap new growth markets. Swisscom focuses on partnerships that help secure enterprise value in the long term. Interests in foreign companies must be able to support the core business in Switzerland or must have a strategic logic.
The Italian Fastweb leads the field in the development of multimedia and broadband communication services: our subsidiary in Italy operates the second-largest network and sets new standards with voice, data, Internet and IPTV services, and video on demand for residential and enterprise customers. Fastweb is the second most important division of Swisscom after Swisscom Switzerland.
|Fastweb 2019||in CHF million|
With participations and subsidiaries in the areas of network construction and maintenance, radio transmitters, entertainment, healthcare and event solutions, Swisscom complements its core business in related areas. The Digital Business division is focused on growth areas in the areas of Internet services and digital business models. It also includes the online directories and phone book business (local search).