6 May 2015, 7.15 a.m. (9 a.m. teleconference)
In the first quarter of 2015, Swisscom’s net revenue increased by CHF 72 million or 2.6% year-on-year to CHF 2,893 million. Adjusted for company acquisitions and on the basis of constant exchange rates, revenue increased by CHF 83 million or 2.9%, of which CHF 46 million was attributable to the Swiss business. EBITDA declined by 0.9% or CHF 10 million to CHF 1.051 million.
“Despite currency turbulence and rising competitive pressure, we started off the year with good results,” said CEO Urs Schaeppi. “Our business is shaped by sustained high investment coupled with simultaneous price pressure. Our launch of Natel infinity plus on 13 April practically eliminated roaming charges for a lot of our customers. This price reduction alone totalled more than CHF 100 million a year. We gained new customers with Swisscom TV, bundled contracts and at Fastweb.”
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