Swisscom expectations 2022

Swisscom has, for many years now, continued to perform well in a challenging market environment. Our outlook explains how we expect the market and our business to develop over the current year.

Net revenue

in CHF million


{compare} of the annual target

Sales development

Swisscom anticipates that net revenue will be CHF 11.1 – 11.2 bn in 2022. Swisscom expects revenue of CHF 8.5 – 8.6 bn excluding Fastweb, with Fastweb generating around EUR 2.5 bn in revenue.

EBITDA development

Swisscom expects EBITDA to come in at around CHF 4.4 bn in 2022. This comprises EBITDA of around CHF 3.5 bn for Swisscom excluding Fastweb, plus EBITDA of EUR 0.8 – 0.9 bn for Fastweb.


in CHF million


{compare} of the annual target

Capital expenditure

in CHF million


{compare} of the annual target

Capital expenditure development

Swisscom expects around CHF 2.3 bn in capital expenditure for 2022. Swisscom anticipates capital expenditure around CHF 1.7 bn excluding Fastweb, plus around EUR 0.6 bn for Fastweb.

“Simplification and ongoing efficiency improvements are the key to stabilising our Swiss business.”

Eugen Stermetz
CFO Swisscom

Areas of focus for the Swiss market:

Residential customers

In a saturated market, Swisscom is relying on better and better convergence offerings to maintain its leading market position. Comprehensive entertainment offering blue is the key to this, but smart home, security and cloud services as well as second- and third-party brands are also opening up new customer segments. The new digital omni-channel offering is designed to further stimulate sales and customer satisfaction

Business customers

Swisscom is further expanding its strong position in the ICT solutions business for Business Customers through selective acquisitions and partnerships. It impresses with modular offerings in the core business, the best service and the best omni-channel offering. Combining IoT with cloud and analytics enables new growth.


By merging these segments into Business Customers, Swisscom offers Corporate Customers and SMEs a new modular product portfolio, even better service and maximum efficiency. Security, cloud, data centres and smart ICT solutions are the growth areas here.

Analyst Consensus Q1 2022

The analyst consensus (published as of April 6th 2022) reflects averages based on analyst estimates for key financial data received from March 22nd – April 4th 2022.

As number 1, we are shaping the future. Together we inspire people in the networked world.

Forward-looking statements

This annual report contains forward-looking statements. The forward-looking statements in this annual report may include statements relating to our financial condition and our operational and business results in addition to specific strategic plans and objectives.

Since these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors that are beyond Swisscom’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behaviour of other market participants, the actions of governmental regulators and other risk factors detailed in Swisscom’s and Fastweb’s past and future filings and reports, including those filed with the U.S. Securities and Exchange Commission and in past and future filings, press releases, reports and other information posted on Swisscom Group companies’ websites

Readers are advised not to place undue reliance on forward-looking statements, which are valid only on the date of publication.

Swisscom disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or other factors.