• Q1 2021

    Interim Report January to March

29 April 2021 07:15

A strong result in a challenging environment

+++ A slight increase in revenue and EBITDA +++
+++ 68% of residential customers have inOne mobile packages +++
+++ Growth in corporate business segment with IT solutions +++
+++ Fastweb growth in revenue, EBITDA and customers +++
+++ Higher net income due to non-recurring items +++
+++ Adjusted financial outlook for the 2021 financial year +++



Facts & figures


CEO Urs Schaeppi

Swisscom has delivered a good performance in a highly competitive Swiss market. Our revenue and operating income have both increased, due to growth in the IT solutions business, in smartphone sales and in Italy. We were able to make savings to offset the decrease in the Swiss core business resulting from price pressure. The continued high level of investment in the network is paying off: once again, we have won two independent mobile network tests. While data volumes continue to rise sharply – up 30% on last year – network expansion has stalled in some cantons as a result of various 5G moratoria. Our flexible inOne bundles continue to be very popular. And Fastweb continues to enjoy success in Italy with strong growth in all segments. The outlook for the financial year is increased due to the current business development and the assumed higher euro exchange rate as well as the fibre optic partnership with Salt.

“We have started the new year strongly and are improving our outlook.”