Strong growth due to acquisition of Vodafone Italia

CEO Christoph Aeschlimann

Business performance in the first quarter meets our expectations. Swisscom is on track and can confirm its outlook for the current financial year. I am especially pleased that the integration of Vodafone Italia is going as planned. This acquisition in Italy is creating significant added value for all stakeholders and strengthening Swisscom as a whole. The successful acquisition has seen Swisscom increasing its revenue in the first quarter by almost 40 per cent. The Switzerland and Italy segments can point to stable growth. Our commitment to quality and our investment in infrastructure are also continuing to pay off, with our mobile networks in Switzerland and Italy rated as the best in their respective countries. Swisscom is systematically advancing the modernisation of its existing fixed network and mobile communications infrastructure.