Result Q3 2024

31 October 2024, 07:15

Swisscom presents a healthy result and confirms outlook

  • Revenue stable, EBITDA and net income slightly down on previous year
  • Residential customers: best service according to connect
  • Business customers: growth in IT services
  • Network coverage: 50% with FTTH and 85% with 5G+
  • Fastweb achieves growth in customers, revenue and EBITDA
  • Acquisition of Vodafone Italia on track

Key figures

Group Swisscom Switzerland Fastweb

CEO Christoph Aeschlimann

Swisscom remains on track with solid results and can confirm its outlook for the current financial year. We are operating at the highest level with our network, products and service. We have again emerged as the test winner for fixed networks and the best service in shops, on the hotline and through the app. We’re equally proud of our progress in expanding our network: we now cover over 50% of Swiss households and businesses with optical fibre (FTTH). Roughly 85% of the population enjoys 5G+. While revenue dipped in the Swiss core business, business in IT services for companies continued to rise. Fastweb has posted impressively steady growth. The acquisition of Vodafone Italia is on schedule.

‘On track.’

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