swisscom ag-reg (SWZCF) Key Developments
Swisscom Unveils New Mobile Fixed Service for SMEs
Dec 16 14
Swisscom AG, a Switzerland-based telecommunications company, has unveiled My SME Office, a new mobile fixed service for small and medium-sized enterprises, or SMEs. Swisscom AG unveiled My SME Office, a new mobile fixed service for small and medium-sized enterprises, or SMEs. My SME Office ensures they can still be reached: calls to the office are automatically put through to their smartphone or laptop. The office number is displayed for outgoing calls. My SME Office is the new combined Swisscom package for SMEs, incorporating fast Business Internet and comprehensive customer service in addition to modern business telephony.
Swisscom Launches Teleclub Play Video Flat Rate Service
Dec 3 14
Swisscom has launched its Teleclub Play video flat rate service. To mark the introduction, all new Teleclub Play subscribers will receive the first three months for free, with the offer valid until 31 January. The service, priced for a flat rate of CHF 12.90 per month, is available for Swisscom TV 2.0 customers, and provided national and international TV series, classic films, children's programmes, documentaries and sports programmes. The continuously extended video library will feature some 7,000 rentals by the end of the year. At an initial stage, Teleclub Play will be available as a German-language service, with a large selection of content also available in the original English. An offering for customers in French-speaking Switzerland is currently being prepared and will be available by the summer. An Italian-language offering is currently under consideration.
Solution Builders Limited Enters into Strategic Partnership with Swisscom
Dec 3 14
Solution Builders Limited announced that it has entered into a strategic partnership with Swisscom. SBL will offer Swisscom-hosted cloud-based telephony solutions that use a market leading 'occupancy-based' pricing model that allows organizations to scale their costs up or down relative to business revenue and seasonal peaks particularly attractive to the hospitality, retail and education markets. The partnership has already had its first major success, which will see SBL delivering a cloud-based telephony solution into one of the leading global Hotel Group's UK headquarters, with plans to expand this solution to over 100 of the company's UK hotels over the next few years. The strategic alliance with the Swisscom Hospitality Services division is the first to be made by SBL following a recent change management programme and significant new investment.
Swisscom May Consider Selling FASTWEB
Dec 3 14
Swisscom AG (SWX:SCMN) may consider selling FASTWEB S.p.A. Urs Schaeppi, Chief Executive Officer of Swisscom, said that Swisscom would consider selling Fastweb if it received a fantastic offer. Urs said, "If somebody came to us offering a fantastic price we would look into this. A sale is not currently a strategic focus and we are a happy owner of Fastweb."
Swisscom Announces Consolidated Earnings Results for the Third Quarter and Nine Months of 2014; Reaffirms Earnings Guidance for the Full Year of 2014
Nov 6 14
Swisscom announced consolidated earnings results for the third quarter and nine months of 2014. For the quarter, the company reported third-quarter revenues up 2.2% year-on-year to CHF 2.929 billion. Its Swiss operations expanded by 2.1% to CHF 2.167 billion as customer growth helped offset price pressure, and Fastweb in Italy increased revenues 3.8% to CHF 513 million. EBITDA was up 3.8% from a year earlier to CHF 1.190 billion, and a drop in interest expenses helped net profit rise 19.6% to CHF 543 million. Compared to prior year, net income of the group went up by CHF 76 million to CHF 1.3 billion. Increase is mainly driven by higher operating results from the EBITDA level.
For the nine months, Capex rose slightly to CHF 1.727 billion in the first nine months of the year, while operating free cash flow also increased slightly, to CHF 1.470 billion.
The company maintained its full-year outlook for a moderate increase in revenue to CHF 11.5 billion, EBITDA of at least CHF 4.4 billion and capital expenditure in the region of CHF 2.4 billion. The outlook includes the expected CHF 30 million revenue this year from PubliGroupe, acquired in September 2014. CapEx for the full year 2014, remain unchanged at CHF 2.4 billion.