swisscom ag-reg (SWZCF) Key Developments
Swisscom and Verizon Extend Global Partnership to Full Decade
Jul 29 15
Verizon and Swisscom announced that they are extending their partnership to take the two companies' co-operation to a full decade of service. A newly announced, three-year extension to Swisscom and Verizon's 2008 partnership agreement will enable the continued provision of enhanced global service and support capabilities to Swiss multinational companies and companies with operations in the Swiss market. The Swisscom and Verizon alliance offers Swisscom customers with multinational operations seamless access to Verizon's expansive global network and solutions. Verizon's customers with operations in the Swiss market benefit from Swisscom's extensive local market expertise, dense infrastructure and customer service organization. Working together, Swisscom and Verizon offer customers a consistent, high-quality experience and a comprehensive suite of voice and data services, streamlined service offering including integrated networks, convergent services, security, seamless processes and comprehensive customer services. Verizon and Swisscom are also planning to leverage their joint capabilities to deliver innovative next-generation solutions such as Software Defined Networking and Hybrid networks to customers, enabling enterprises to redefine their network infrastructure to be more responsive to their own users, customers and market opportunities. The two companies are also extending the service portfolio available to customers, with new offerings now including managed local area network (LAN) and wireless LAN solutions, business Wi-Fi, managed wide area network (WAN) optimization and Verizon Secure Cloud Interconnect. Swisscom and Verizon's alliance has expanded over the years, with the two companies jointly offering a series of advanced initiatives, including cloud and security services. Outside the scope of the initial partnership, they have also opened a security operations management center in Zurich.
Swisscom AG Introduces Advanced Calling for Volte Calls
Jun 23 15
Swisscom AG has introduced Advanced Calling, a new telecommunications experience for voice over LTE technology, or VoLTE calls. In preparation for the new service, Swisscom has upgraded its 4G/LTE data network in Switzerland and Liechtenstein so that it supports IP telephony (voice over LTE technology). Customers with compatible smartphones can now make phone calls via 4G/LTE with even better voice and telephone quality. The service will be rolled out in stages. Another milestone will follow in the summer with the launch of WiFi Calling, which will allow calls to be made at any WLAN hotspot. Swisscom offers its customers the best 4G/LTE coverage, with 98% of the population already able to benefit from a fast 4G/LTE mobile data network. Swisscom also offers more than 2,200 WLAN hotspots throughout Switzerland. The term Advanced Calling covers both VoLTE and WiFi Calling. VoLTE enables customers with compatible smartphones to make calls directly via the 4G/LTE network rather than using 3G or 2G, as was previously the case. This gives customers a number of advantages, such as consistently high surfing speeds, even while making phone calls. Call setup speeds have also been greatly improved - it now takes just 2-3 seconds from dialling the number to the phone ringing at the other end - and the subsequent call features excellent voice quality, as if the person were right next to you. The new technology is also kind to mobile phone rechargeable batteries, as the phone is constantly connected to the 4G/LTE network and consumes less power. Another practical aspect is that the caller's name is displayed if it is listed in the public phone directory.
Swisscom Names Louis Schmid as New Head of Investor Relations
Jun 18 15
Swisscom has appointed Louis Schmid as its new Head of Investor Relations from 01 July. He takes over from Bart Morselt, who is leaving the company. Schmid has been with the Swisscom Investor Relations team for fourteen years where has worked closely with Morselt as an expert in investor relations. Morselt, who has played a key role in shaping the relationship between Swisscom and the financial world since 2001, is leaving Swisscom to return to his home country of the Netherlands, where he is to take on a new professional challenge in the field of investor relations.
Swisscom Enters Distribution Partnership with Digitec
Jun 2 15
Swisscom and Digitec have entered a strategic partnership for mobile communication to create benefits for customers of both companies through simpler ordering procedures, a wider choice of devices and joint offers. For instance, the process for ordering devices with a Swisscom subscription will be far simpler via digitec.ch. Customers who access the site will discover a new, user-friendly and intuitive microsite where they can order their device directly online and extend their Swisscom subscription.
Swisscom AG Announces Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015
May 7 15
Swisscom announced earnings results for the first quarter ended March 31, 2015. The company reported growth in revenue and customers in the first quarter of 2015. Net revenue increased by CHF 72 million, year-on-year to CHF 2.893 billion. Revenue was adjusted for company acquisitions and on the basis of constant exchange rates, revenue increased by CHF 83 million or 2.9%, of which CHF 46 million was attributable to the Swiss business. EBITDA declined by 0.9%, CHF 10 million to CHF 1.051 billion. Net income fell by CHF 22 million to CHF 351 million as a result of lower operating income and higher net financial expenses, which was largely attributable to foreign exchange losses. Operating income EBIT was CHF 544 million against CHF 551 million a year ago. Capital expenditure was CHF 549 million against CHF 519 million a year ago. The free cash flow on a comparable base is slightly lower, CHF 24 million.
For the year 2015, the company expects net revenue of more than CHF 11.4 billion, EBITDA of some CHF 4.2 billion and capital expenditure of CHF 2.3 billion.