• Q2 2019

    Interim Report January to June

15 August 2019 07:15

Stable results, high capital expenditure, Fastweb growth

+++ Revenue marginally below previous year +++
+++ EBITDA stable on a like-for-like basis +++
+++ Success with new inOne mobile offering +++
+++ Fastweb continues to grow across all segments +++
+++ 5G gives rise to increased capital expenditure +++
+++ Further reductions in costs and personnel +++
+++ Outlook for entire year remains unchanged +++



Facts & figures


CEO Urs Schaeppi

Swisscom has generated pleasing half-year results despite a challenging market environment. Although high price pressure led to a marginal decline in group revenue year on year, operating income remained stable thanks to reduced costs. Continued high capital expenditure in the networks includes one-off costs for the acquisition of the new 5G mobile frequencies. Despite resistance from some parts of the population, we remain committed to our target of 90% coverage by the end of the year. We are enjoying success with our new inOne mobile offerings, the bundled inOne offering and our subsidiary Fastweb in Italy, which continues to grow in all segments.

“Our financial outlook for 2019 remains stable.”