Swisscom Ltd.

SCMN

Equity

ISIN CH0008742519 / Valor 874251

SIX Swiss Exchange (2026-10-02)

CHF 639.00+1.19%

Swisscom Ltd.
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About company

Swisscom Ltd. is a leading telecommunications and IT services provider in Switzerland, known for its extensive mobile and fixed-line network infrastructure. The company offers a wide range of services, including mobile communications, broadband internet, and digital television, catering to both individual and business customers. Swisscom is recognized for its robust mobile network and expansive fiber-optic infrastructure, which provide high-speed connectivity across the country. In addition to its operations in Switzerland, Swisscom has a significant presence in Italy through its subsidiary Fastweb, which is a major player in the Italian telecommunications market. The company also operates several third-party brands, such as Wingo, M-Budget, and Coop Mobile, to reach diverse customer segments. With a workforce of over 19,000 employees, Swisscom is committed to maintaining a secure and reliable network while continuously innovating to meet future demands.

Summarized from source with an LLMView SourceSector: Telecommunications

Top-line

Group revenue rose roughly 37% to ~CHF 15.0 billion (acquisition of Vodafone Italia is the main driver). The report also lists key line items (in CHF million) of 7,221 (-3.0% YoY); 2,557 (+3.3% YoY); 1,355 (-8.8% YoY); and 1,202 (+21.6% YoY) in the published summary.

Profitability and cash

Swisscom says 2025 financial targets were achieved. For 2026 management guides EBITDAaL of CHF 5.0–5.1 billion and operating free cash flow of around CHF 2.0 billion.

Italy transaction and integration

The Vodafone Italia acquisition (Fastweb + Vodafone) materially expanded the Group and explains the revenue jump; consolidation caused a slight revenue decline in Italy during the transition but initial synergies have already been realised and the merged entity is now the second‑largest telco in Italy. The legal merger was completed effective 1 Jan 2026.

Switzerland operations

Core Swiss revenue declined as expected, with nearly half of the decline offset by efficiency gains and cost savings. Growth continued in IT solutions for business customers and new offerings such as the cybersecurity solution “beem” and a sovereign AI platform were launched.

Network rollout and coverage

Network modernisation continued in both markets: fibre covers 56% of households and businesses and 5G covers 89% of the population (end of December 2025).

Sustainability and outlook

Swisscom said it further consolidated its sustainability leadership and aims for group net‑zero by 2035. The 2026 outlook is positive, with the EBITDAaL and cash guidance cited above and a planned dividend increase if targets are met.

Dividend and key dates

Swisscom proposes a dividend increase to CHF 27 per share conditional on meeting targets. Key dates in the report: FY 2025 published 12 Feb 2026; shareholders’ meeting 25 Mar 2026; last trading date with entitlement 26 Mar; ex‑dividend 27 Mar; record date 30 Mar; dividend payment 31 Mar 2026.

Summarized from source with an LLMView Source

Key figures

9.23%1Y

17.8%3Y

19.5%5Y

Performance

17.7%1Y

15.7%3Y

15.8%5Y

Volatility