Swisscom presents strong results for 2023

CEO Christoph Aeschlimann

Swisscom had a strong financial result and good market performance in 2023. We were able to keep our revenue virtually stable in the private customer segment in Switzerland. We have impressed our customers with our attractive and sustainable products, our service and what was, once again, an award-winning network. Our IT services for our business customers are also proving successful, while our subsidiary Fastweb in Italy increased its customer base and revenue once again. Innovation remains a focus, and with this in mind, we are investing more than CHF 100 million in the development of AI solutions. We are also continuing to invest heavily in network expansion using optical fibre, which will replace copper in the long term. We have made a Group-wide commitment to achieve net zero greenhouse gas emissions in accordance with SBTi by 2035. The outlook for 2024 is positive: we expect to generate EBITDA of CHF 4.5 to 4.6 billion.