Swisscom

Categories

Technology  
Media and Communications  
Summary

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, broadband, TV, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises. 

It also provides cloud, outsourcing, workplace, mobile phone, networking, business process optimization, SAP, and security and authentication solutions, as well as a range of services to the banking industry; Internet of Things solutions; digitization services to the healthcare sector; IT systems for health insurance companies; fixed-line and mobile networks by other telecommunication service providers; and roaming to foreign operators whose customers use its mobile networks, as well as broadband services and regulated products. 

In addition, the company plans operate, and maintains network infrastructure and IT systems; provides support functions to finance, human resource, and strategy, as well as management of the real estate and vehicle fleet; and offers broadband and mobile services, such as telephony, mobile offerings, and broadband services, as well as ICT solutions for residential, business, and wholesale customers. Further, it provides IT and network services; online and telephone directories; and cross-platform retail media and security communication services, as well as builds and maintains wired and wireless networks. The company was founded in 1852 and is based in Bern, Switzerland.


History

Switzerland's entry into the telecommunications era came in 1851, with the passage of legislation giving the Swiss government control over the development of a telegraph network throughout the country. The government's initial plans called for the creation of three primary telegraph lines, as well as a number of secondary networks. In order to build equipment for the system, the government established the Atelier Fédéral de Construction des Télégraphes.

In July 1852, the first leg of the country's telegraph system—between St. Gallen and Zurich—was operational. By the end of that year, most of the country's main cities had been connected to the telegraph system. In 1855, the network was extended with the first underwater cable, connecting Winkel-Stansstad and Bauen-Flüelen. Night service was also launched that year, starting in Basel, St. Gallen and Bellinzona.

Telegraph traffic continued to rise in the following decade but was nevertheless overtaken by the telephone.

Switzerland's entry into the telephone age came in 1877, when the first experimental phone lines appeared, starting with a line linking the post office building with the Federal Palace and then with a link, using the existing telegraph line, between Bern and Thun. The following year, the government passed legislation establishing a monopoly on the country's telephone network. By 1880, Switzerland's first private network had been created in Zurich. This was a central system with a capacity of 200 lines.

Basel, Bern and Geneva all launched their own local networks between 1881 and 1882. One year later, the first intercity telephone line was established, linking Zurich's private exchange with Winterthur's public system. Telephone numbers were introduced in 1890, replacing the initial system whereby callers had been able to ask for their party by name.

Switzerland began testing its first public phone booths in 1904. Initially restricted to local calls, public telephones allowed national calling for the first time in 1907.

The first automatic telephone exchanges were installed by private networks in 1912. By 1917, a semi-automatic exchange had been installed in Zurich-Gottingen.

In 1920, the Swiss government created the Swiss PTT, combining the country's postal services and telegraph and telephone systems into a single, government-controlled entity. PTT began telex services in 1934, and by 1936 had linked up the cities of Zurich, Basel and Bern, which were then linked via Zurich to the international market.

Telstar – the first telecommunications satellite – was launched into space in 1962. In 1974, the Leuk satellite earth station went into operation in the canton of Wallis.

Automation enabled PTT to introduce pulse metering for local calls in 1963. In 1966, PTT introduced automated international dialling services, initially from Montreux and achieved full coverage in 1982.

In 1970, PTT led an inter-organisational work group of Swiss telecommunications players, in an effort to create an integrated digital telecommunications network.

In 1976, the company launched facsimile transmission services from its customer service centres. Two years later, PTT established its first mobile telephone network, called NATEL.

The company initially formed a Unisource partnership with the Netherlands' KPN and Sweden's Telia. Although the Unisource partnership attempted to enter a number of markets around the world, including Malaysia and India, it deintegrated after several years of losses.

Telecom PTT's set up the service provider Blue Window, which became the country's leading Internet service provider. In 1997, the Swiss government passed new legislation fully deregulating the Swiss telecommunications market. As part of that process, Telecom PTT was transformed into a special public limited company, its name was changed to Swisscom on 1 October 1997, its shares were listed on the Swiss Stock Exchange, and it conducted a public offering of its shares in 1998.

In 1999, the company acquired Germany's publicly listed Debitel, then the third-largest mobile services provider on the German market. The company formed six primary business units, and in 2001, it sold a 25% stake in Swisscom Mobile to England's Vodafone. Vodafone was a major investor in so-called 3G mobile telephone technology.

In the early 2000s, Swisscom also started rolling out DSL broadband technology with 200,000 subscribers by the beginning of 2003. In 2002, Swisscom Eurospot was founded. The company originally specialised in providing High-Speed Internet Access services to hotel guests in European 4- and 5-star hotels. In May 2003, its newly formed subsidiary, Swisscom Eurospot, merged with the Netherlands' Aervik.

The former state-owned PTT was privatized in several stages from 1988 onward and became a public limited company with special legal status in October 1998. The Swiss Confederation currently holds 51.0% of the share capital. The Telecommunications Enterprise Act limits outside participation to 49.9% of the share capital. In its 5 April 2006 message, the Federal Council proposed Swisscom be completely privatized. On 10 May 2006, the National Council declined the proposal. On 20 May 2006, the Advisory Committee of the Council of States advised the Council of States to endorse the proposal – but only so that it could be referred back to the Federal Council for revision.

In 2007, the 25% stake in Swisscom Mobile AG, which had been sold to Vodafone six years earlier, was repurchased and the mobile telephony, fixed network and solutions businesses were merged organisationally into the new company Swisscom Ltd. In the first half of 2007, Swisscom acquired a majority holding in the Italian telecommunications provider Fastweb, owner of the second-largest broadband network in Italy. During the offer period, Swisscom acquired 80.7% of Fastweb's share capital, making it 82.4% of Fastweb shares by the cut-off date of 22 May. The total transaction amounted to 6.9 billion Swiss Francs. 

Swisscom announced its new visual identity on 14 December 2007. The previous sub-brands of Swisscom Fixnet, Swisscom Mobile and Swisscom Solutions ceased to exist on 1 January 2008. As part of the restructuring, Swisscom redesigned its logo and transformed it into a moving picture element, an innovation for Switzerland and the industry. On 23 July 2013, the CEO of Swisscom, Carsten Schloter was found dead from an apparent suicide and Urs Schaeppi was appointed interim CEO. Schaeppi's appointment was made permanent in November 2013. 

As of June 2018, Swisscom ranks on Forbes's "The World's Largest Public Companies" list, the Global 2000, at number 520. In June 2015, Swisscom Hospitality Services became part of a new company, Hoist Group, following its acquisition by the Sweden-based HoistLocatel. In June 2018, Danish software firm Nordija partnered with Swisscom to develop TVaaS 2.0. In 2019, Swisscom paid CHF 240 million to TX Group for the acquisition of the outstanding 31% stake in Swisscom Directories AG. On 17 April 2019, Swisscom began to deploy its 5G network. At present, the company delivers 5G service in 110 cities and villages including Zurich, Geneva and Bern as well as rural and tourist regions. 

In June 2019, Swisscom, SK Telecom and Elisa together launched the world's first 5G roaming service. From 17 July 2019, Swisscom customers with a 5G mobile phone were given access to the new 5G data network in Finland by the end of July in South Korea. At the same time, the Swisscom customers database exceeded 6 million mobile subscriptions. On 1 June 2022, Urs Schaeppi stepped down from his position as CEO of Swisscom and was succeeded by Christoph Aeschlimann.


Mission

Swisscom has a duty to everyone to make the possibilities of a connected world accessible, easy to use and relevant.


Vision

“As the number one provider, we are shaping the future. Together we inspire people in the networked world.”


Key Team

Mr. Urs Lehner (Head of Bus. Customers & Member of Exec. Board)

Ms. Klementina Pejic (CPO, Head of HR & Member of Exec. Board)

Mr. Louis Schmid (Head of Investor Relations)

Mr. Martin Vögeli (Head of Group Strategy & Board Services)

Mr. Marcel Walker (Head of Banking Division and Cloud & Data Centre Services)

Mr. Ivan Buechi (Head of Digital Banking Platforms)

Mr. Balz Gut (Head of Banking Transformation Unit)


Recognition and Awards
wisscom has been recognized as the 2022 ServiceNow EMEA Emerging Service Provider Partner of the Year for the emerging Service Provider Partner who achieved overall excellence in delivery and ServiceNow pipeline growth

References
Swisscom
Leadership team

Dr. Eugen Stermetz Ph.D. (CFO, Head of Group Bus. Steering & Member of Exec. Board)

Mr. Dirk Wierzbitzki (Head of Residential Customers & Member of Exec. Board)

Industries

Technology

Media and Communications

Products/ Services
Information Technology, Telecommunications
Number of Employees
1,000 - 20,000
Headquarters
Worblaufen, Bern, Switzerland
Established
1998
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001069336
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SCMWY
Social Media

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Sat Feb 24 2024
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