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Press release

Stephan Wiederkehr to become CEO of Billag

29 September 2005

On 1 October 2005 Stephan Wiederkehr will become CEO of Billag AG, the Swiss collection agency for radio and television licence fees, which is part of the Swisscom Group. He will take over operational management of the company from Chairman of the Board of Directors Jürg Rötheli.

Jürg Rötheli, Chairman of the Board of Directors of Billag, had also been acting CEO since Matthias Remund's appointment as Director of the Federal Office for Sport in early 2005. Billag AG was separated from Swisscom subsidiary Accarda AG, which is active in the field of customer cards, in mid-2005. Billag's Board of Directors has now transferred operational management of the company to Stephan Wiederkehr, who has been Head of Operations at Billag since 1 July 2005. Billag has been a subsidiary of Accarda AG, part of Related Businesses, since September 2005. Related Businesses is headed by Jürg Rötheli, Member of the Swisscom Group Executive Board.

Since 1998, Billag has collected radio and television licence fees on behalf of the Federal Government. The company prepares 12 million bills each year and generates a total collection volume of some CHF 1.2 billion, thereby securing the financial basis for public service radio and television broadcasting in Switzerland. In the current tendering process Billag is competing with other providers for a further seven-year extension to its mandate to collect radio and television licence fees.

Stephan Wiederkehr is 39 and previously worked at Swisscom's headquarters as Head of Corporate & Financial Law. Prior to that he spent several years as legal counsel to the Ascom Group and as Chief Administration Officer for a start-up company. As well as being a qualified attorney, Stephan Wiederkehr holds a Masters in European and International Business Law from the University of St. Gallen (MBL-HSG) and a Masters in Business Administration from the University of Rochester, N.Y. (MBA Rochester).


Swisscom AG
Media Relations
3050 Bern