Swisscom Sees No ‘New Engagements Abroad,’ SonntagsZeitung Says

Swisscom Chief Executive Officer Carsten Schloter said there won’t be any “new engagements abroad,” SonntagsZeitung reported.

“We will concentrate on Switzerland and Italy in the next five years,” Schloter was quoted as saying. “There won’t be any new engagements abroad.”

Schloter also said that Swisscom doesn’t rule out a partnership for Fastweb SpA, adding that a conclusion is unlikely in the next six months.