Potential sale of BICS's shares

Following media speculations in Belgium, Swisscom confirms that the shareholders of BICS (Belgacom International Carrier Services) are exploring a potential sale of 51% of BICS’s shares. As part of the potential transaction, Swisscom explores the sale of its 22,4% participation in BICS. Discussions are ongoing with potential investors but no decisions have been taken yet and it is currently unclear whether an agreement will be reached.