Swisscom considers shedding broadcasting business - no decisions made
13 September 2000
Swisscom is considering hiving off its broadcasting business in Switzerland and has there-fore made contact with possible interested parties. No decisions have yet been made. Swisscom Broadcasting currently employs around 200 people and covers the broadcasting of radio and television programmes as well as the provision of services for cable network operators. Swisscom"s plans reflect its commitment to focusing on core activities in telecommunications.
Swisscom Broadcasting is very much a specialist telecommunications business. Its activities cover the broadcasting of radio and television programmes, together with the associated services, for the Swiss Broadcasting Corporation, as well as for numerous private broadcasters. Swisscom Broadcasting can boast one of the world´s densest transmission networks, together with many years of operational experience. Among its major customers are cable network providers looking to enhance the range of programmes they offer their end-users. Within telecommunications, broadcasting is a highly special-ised area - in terms of clientele and markets as well as technology. Swisscom has decided to achieve a clearer focus within telecommunications and is therefore considering spinning off this successful business.