• Q3 2019

    Interim Report January to September

31 October 2019 07:15

Stable results with growth in broadband, TV and mobile subscriptions

+++ Slight decline in turnover +++
+++ EBITDA stable on a like-for-like basis +++
+++ Successful bundles: growth of inOne +++
+++ Intense competition in the corporate business sector +++
+++ Fastweb’s customer numbers, revenue and results grow +++
+++ Significant ongoing network investments +++
+++ Outlook for entire year remains unchanged +++  



Facts & figures


CEO Urs Schaeppi

Swisscom has generated a solid result and performed well on the market – despite market saturation, intense competition and sustained price pressure across all sectors. A marginal decline in group revenue has resulted from price erosion in Switzerland. Thanks to cost reductions and the growth of Fastweb, operating income remains stable on a like-for-like basis. Capital expenditure in the networks remains high due to 5G and fibre optic expansion. There has been a further increase in numbers of broadband and TV connections and inOne mobile subscriptions. Our Italian subsidiary Fastweb is enjoying growth in customer numbers, revenue and operating income.

“The financial outlook for 2019 remains unchanged.”