Swisscom
 |
|
| Aktiengesellschaft | |
| Traded as | SIX: SCMN |
| Industry | Telecommunications |
| Founded | 1 January 1998 (Bern, Switzerland) |
| Headquarters | Worblaufen, Switzerland |
|
Key people
|
Urs Schaeppi (CEO), Hansueli Loosli (Chairman) |
| Products | Fixedline & Mobile Telephony Fixedline & Mobile Internet Digital Television IT Services & Networking Solutions |
| Revenue | CHF 11.678 billion (2015) |
| CHF 2.012 billion (2015) | |
| Profit | CHF 1.362 billion (2015) |
| Total assets | CHF 20.932 billion (end 2014) |
| Total equity | CHF 5.242 billion (end 2015) |
| Owner | Swiss Government |
|
Number of employees
|
21,637 (FTE, end 2015) |
| Website | www.swisscom.ch |
Swisscom AG is a major telecommunications provider in Switzerland. Its headquarters are located at Worblaufen near Bern. The Swiss Confederation owns 51.0 percent of Swisscom AG. As of the end of 2015, Swisscom had around 21,000 employees and generated revenues of CHF 11,678 billions. In 2008, Swisscom acquired its five millionth NATEL customer, which means that the two thirds of the Swiss population used the Swisscom mobile network and in 2013 Swisscom TV counted a million customers.
The Swiss telegraph network was first set up in 1852, followed by telephones in 1877. The two networks were combined with the postal service in 1920 to form the PTT (Postal Telegraph and Telephone). It struggled to develop a homegrown digital network, with the first digital exchange launched in 1986, but pioneered the NATEL A mobile service in 1978 and the GSM-based NATEL D offering a digital service in 1993. The Swiss telecommunications market was deregulated in 1997. Telecom PTT was spun off and rebranded Swisscom ahead of a partial privatisation in 1998 which has left the Swiss government with a 51% stake. Besides pioneering the first mobile telephone network NATEL A, the present-day Swisscom owns the protected brand NATEL, which is used and known only in Switzerland.
25% of Swisscom Mobile was sold to Vodafone in 2001. Since then Swisscom has bought a majority stake in Italy's second-biggest telecom company Fastweb and invested in areas such as hospitality support, cloud services, mobile solutions and billing.
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