Swisscom statement regarding speculations about Fastweb
Berne, 02 September 2010
Swisscom is aware of yesterday's movements in the price of Fastweb shares as well as speculations about a possible buyout of minorities, and would like to take this opportunity to reiterate its previous statement:
Buying out minority shareholders of Fastweb has pros and cons. Whereas we are convinced it would be a good investment to own 100% instead of the current 82%, a buyout would also consume part of our limited financial capacity. We have to weigh the option to buy the minorities against the alternatives, and have not reached a decision on this matter.