swisscom
There was a rise in net income at Swiss telecom company Swisscom AG in the first quarter compared to the same period of last year. The company reported first quarter net income of 455 million Swiss francs ($496 million), an increase of 2.9% from last year. Earnings per share was 8.78 francs compared to 8.53 francs. Operating income before depreciation and amortization, or EBITDA, fell by 0.8% to 1.155 billion francs. First quarter revenue was 2.7 billion Swiss francs, a decline of 1.6% from a year ago. Based on a constant euro exchange rate, revenue fell by 0.5%. The financial outlook for 2024...
DPA
There was a rise in net income at Swiss telecom company Swisscom AG in the first quarter compared to the same period of last year. The company reported first quarter net income of 455 million Swiss francs ($496 million), an increase of 2.9% from last year. Earnings per share was 8.78 francs compared to 8.53 francs. Operating income before depreciation and amortization, or EBITDA, fell by 0.8% to 1.155 billion francs. First quarter revenue was 2.7 billion Swiss francs, a decline of 1.6% from a year ago. Based on a constant euro exchange rate, revenue fell by 0.5%. The financial outlook for 2024...
DPA International
There was a rise in net income at Swiss telecom company Swisscom AG in the first quarter compared to the same period of last year. The company reported first quarter net income of 455 million Swiss francs ($496 million), an increase of 2.9% from last year. Earnings per share was 8.78 francs compared to 8.53 francs. Operating income before depreciation and amortization, or EBITDA, fell by 0.8% to 1.155 billion francs. First quarter revenue was 2.7 billion Swiss francs, a decline of 1.6% from a year ago. Based on a constant euro exchange rate, revenue fell by 0.5%. The financial outlook for 2024...
DPA Breaking News
Swiss telecom company Swisscom on Friday said it was set to acquire Vodafone Italia for €8 billion ($8.7 billion) with the aim of becoming a leading challenger in the Italian telecom market. Swisscom said in a statement that it entered into "binding agreements" with British telecommunications firm Vodafone Group to acquire 100% of its Italian subsidiary "with the aim of merging it with Fastweb," Swisscom's subsidiary in the country. "Vodafone Italia and Fastweb will bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading co...
DPA International
Swiss telecom company Swisscom on Friday said it was set to acquire Vodafone Italia for €8 billion ($8.7 billion) with the aim of becoming a leading challenger in the Italian telecom market. Swisscom said in a statement that it entered into "binding agreements" with British telecommunications firm Vodafone Group to acquire 100% of its Italian subsidiary "with the aim of merging it with Fastweb," Swisscom's subsidiary in the country. "Vodafone Italia and Fastweb will bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading co...
DPA
Swiss telecom company Swisscom on Friday said it was set to acquire Vodafone Italia for €8 billion ($8.7 billion) with the aim of becoming a leading challenger in the Italian telecom market. Swisscom said in a statement that it entered into "binding agreements" with British telecommunications firm Vodafone Group to acquire 100% of its Italian subsidiary "with the aim of merging it with Fastweb," Swisscom's subsidiary in the country. "Vodafone Italia and Fastweb will bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading co...
DPA Breaking News
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