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General

Swisscom H1 net revenue stable, lifts FY EBITDA forecast

Thursday 18 August 2016 | 11:15 CET | News
Swisscom reported that its net revenue was slightly higher at CHF 5.769 billion (+0.2%) in the first half of 2016 than in the prior year. While Switzerland saw revenue from telecommunications services fall by CHF 46 million (-1.4%) as a result of high price pressure and increasing market saturation, revenue from the solutions business with corporate customers increased by CHF 29 million. Swisscom continues to expect net revenue of more than CHF 11.6 billion in 2016, but it now anticipates EBITDA of around CHF 4.25 billion compared with its previous prediction of around CHF 4.2 billion, thanks

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Categories: General
Companies: Fastweb / Swisscom / Telecom Italia
Countries: Switzerland
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