Swisscom: Annual figures, back of the chair and new strategy
Swisscom's net revenue fell by 3.2 percent last year to CHF 9.7 billion, the telecommunications company announced.
Swisscom's net revenue fell in the
last year by 3.2 percent to CHF 9.7 billion, according to the
telecommunications company announced. The operating result before
Interest, taxes, depreciation and amortization (EBITDA) increased by 4.9 percent to
4.17 billion francs. By contrast, the net profit after
Deduction of minority interests: by 26.7 percent to 2.02 billion
francs. 16 francs per share or a total of 907 million francs
are to be distributed as a dividend. The company will announce this to the
Annual General Meeting. In the previous year, the distribution amounted to 14
francs per share.
In the current year, Swisscom plans to buy back shares in the amount of
2.25 billion Swiss francs. For the 2006 financial year, sales of
around CHF 9.5 billion and EBITDA of CHF 4.0 billion
Swiss francs is expected. The main reason for the forecast decline in the
Ebitda, the lower mobile termination fees are mentioned, which
for the first time in the year as a whole.
Swisscom is aiming for growth in the areas of convergence and multimedia,
the so-called TIME market: This includes applications in the
telecommunications, IT, media and entertainment. The aim is to,
with new activities from 2008 and 2009, respectively, the decline in the
conventional activities, according to the communiqué.
The new corporate strategy focuses on strengthening the core business
with convergent offerings, to increased growth with solutions for
business customers and on targeted expansion projects. The latter should
on the one hand in countries with a technological backlog and
on the other hand, also in parts of the current business in Switzerland
take place. Swisscom also wants to improve customer service and
simplify the contact process.
The new strategy results in an armchair shift to
Management level: Adrian Bult, the former CEO of Swisscom Fixnet,
takes over the management of the mobile communications business. The new
The person responsible for the fixed network business was
Chief Financial Officer Ueli Dietiker appointed. Mario Rossi, the previous
CFO of Swisscom Fixnet, has been appointed as the new CFO of Swisscom Ltd.
elected. Urs Schaeppi, the previous head of Commercial
Business at Swisscom Mobile, will be the new CEO of the
Telco business customers responsible for Swisscom Solutions. René Fischer, the
former CEO of Swisscom Solutions, is leaving the company.
last year by 3.2 percent to CHF 9.7 billion, according to the
telecommunications company announced. The operating result before
Interest, taxes, depreciation and amortization (EBITDA) increased by 4.9 percent to
4.17 billion francs. By contrast, the net profit after
Deduction of minority interests: by 26.7 percent to 2.02 billion
francs. 16 francs per share or a total of 907 million francs
are to be distributed as a dividend. The company will announce this to the
Annual General Meeting. In the previous year, the distribution amounted to 14
francs per share.
In the current year, Swisscom plans to buy back shares in the amount of
2.25 billion Swiss francs. For the 2006 financial year, sales of
around CHF 9.5 billion and EBITDA of CHF 4.0 billion
Swiss francs is expected. The main reason for the forecast decline in the
Ebitda, the lower mobile termination fees are mentioned, which
for the first time in the year as a whole.
Swisscom is aiming for growth in the areas of convergence and multimedia,
the so-called TIME market: This includes applications in the
telecommunications, IT, media and entertainment. The aim is to,
with new activities from 2008 and 2009, respectively, the decline in the
conventional activities, according to the communiqué.
The new corporate strategy focuses on strengthening the core business
with convergent offerings, to increased growth with solutions for
business customers and on targeted expansion projects. The latter should
on the one hand in countries with a technological backlog and
on the other hand, also in parts of the current business in Switzerland
take place. Swisscom also wants to improve customer service and
simplify the contact process.
The new strategy results in an armchair shift to
Management level: Adrian Bult, the former CEO of Swisscom Fixnet,
takes over the management of the mobile communications business. The new
The person responsible for the fixed network business was
Chief Financial Officer Ueli Dietiker appointed. Mario Rossi, the previous
CFO of Swisscom Fixnet, has been appointed as the new CFO of Swisscom Ltd.
elected. Urs Schaeppi, the previous head of Commercial
Business at Swisscom Mobile, will be the new CEO of the
Telco business customers responsible for Swisscom Solutions. René Fischer, the
former CEO of Swisscom Solutions, is leaving the company.
