Swisscom

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Swisscom AG
Aktiengesellschaft
Traded as SIXSCMN
Industry Telecommunications
Founded 1 January 1998 (Bern, Switzerland)
Headquarters Worblaufen, Switzerland
Key people
Urs Schaeppi (Interim CEO), Hansueli Loosli (Chairman)
Products Fixedline & Mobile Telephony
Fixedline & Mobile Internet
Digital Television
IT Services & Networking Solutions
Revenue CHF 11.703 billion (2014)[1]
CHF 2.322 billion (2014)[1]
Profit CHF 1.706 billion (2014)[1]
Total assets CHF 20.932 billion (end 2014)[2]
Total equity CHF 4.457 billion (end 2014)[2]
Owner Swiss Government
Number of employees
21,125 (FTE, end 2014)[1]
Website www.swisscom.ch

Swisscom AG is a major telecommunications provider in Switzerland. Along with Swiss Post, it is a successor company to the former state-owned PTT.[3] Its headquarters are located at Worblaufen near Bern.[4] The Swiss Confederation owns 51.0 percent of Swisscom.[5]

History[edit]

The former state-owned PTT (Post, Telegraph, Telephone, founded 1852) was privatised in stages from 1988 onwards[6] and became a public limited company with special legal status in October 1998.[1] The Swiss Confederation currently holds 51.0% of the share capital.[1] The Telecommunications Enterprise Act limits outside participation to 49.9% of the share capital.[7]

In its 5 April 2006 message, the Federal Council proposed to Parliament that Swisscom should be completely privatised and that the Swiss Confederation should sell its shares in stages. On 10 May 2006, the National Council declined to support 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.

Swisscom announced its new visual identity on 14 December 2007.[8] The previous sub-brands of Swisscom Fixnet, Swisscom Mobile and Swisscom Solutions ceased to exist on 1 January 2008. Part of the new identity includes a redesigned logo with a moving picture element – an innovation for Switzerland and the industry.[9]

On 23 July 2013 the CEO of Swisscom, Carsten Schloter was found dead from "an apparent suicide" Urs Schaeppi was appointed interim CEO.[10]

Organization[edit]

Swisscom Switzerland[edit]

Blue-win tower in Zürich

Swisscom (Switzerland) Ltd underwent a reorganization on 1 January 2008. The Group companies Fixnet, Mobile and Solutions were dissolved. It is now replaced by the Residential Customers, Small and Medium-Sized Enterprises, Enterprise Customers, Wholesale as well as the IT, Network & Innovation segments.[11] The IT platforms and the fixed-network and mobile communications infrastructures of the former Group companies were merged into the “IT, Network & Innovation” Division.

Currently, Swisscom operations are performed via three operating divisions:[12]

  1. Swisscom Switzerland,
  2. Fastweb, and
  3. Other operating segments.

Swisscom Switzerland[edit]

This division is divided into the following segments: Residential Customers, Small and Medium-Sized Enterprises, Enterprise Customers, Wholesale and IT, Network & Innovation.[12]

Swisscom Network & IT builds, operates and maintains Swisscom's nationwide fixed-line and mobile communications infrastructure in Switzerland.[12] The division is also responsible for the corresponding IT platforms and is in charge of migrating the networks to an integrated IT and IP-based platform (All-IP).[12]

Fastweb[edit]

In the first half of 2007, Swisscom acquired a majority holding in the Italian company FASTWEB. During the offer period, which ran from 10 April to 15 May 2007, Swisscom succeeded in acquiring 80.7% of FASTWEB's share capital, which, when added to Swisscom's existing stake, meant that Swisscom owned 82.4% of FASTWEB shares by the cut-off date of 22 May. The total transaction amounted to EUR 4.2 billion or CHF 6.9 billion.[13] FASTWEB currently operates the second largest network in Italy.[12]

Swisscom participations[edit]

The participation portfolio covers the five business fields of "broadcasting" through Swisscom Broadcast, "network construction and maintenance" through Cablex, "Building management and business travel (incl. vehicle fleet management)" through Swisscom Real Estate Ltd, "Billing and collection" through Billag, Alphapay and Medipa Abrechnungskasse, and "Mobile Solutions" through Minick Holding and Sicap.[14]

International Carrier Services[edit]

June 26, 2009, MTN Group participated in Belgacom ICS (BICS), a subsidiary of Belgacom, by merging it with its own subsidiary, MTN ICS. BICS will function as official international gateway for all international carrier services of Belgacom, Swisscom and MTN Group.[15] These companies respectively hold 57.6%, 22.4% and 20.0% of the shares of the company.[15]

Internet of Things (IoT)[edit]

The Company will start testing a network for the Internet of Things, or Low-Power Wide Area Network (LPWAN), in the Geneva and Zurich regions in April of 2015. [16] The pilot project will serve as an addition to the existing M2M mobile network solutions, and it has been estimated that by the year 2023 over 3 billion connections will be running via the IoT. [17]

coComment[edit]

Main article: coComment

In February 2006, Swisscom launched the Web 2.0 website coComment,[18] which allows users to track any discussion online.[19]

Swisscom Hospitality Services[edit]

Swisscom Hospitality Services (SHS) is a division of Swisscom AG that supports the hotel industry with innovative network and communication solutions.[12]

SHS services Hyatt, Rezidor, IHG, Marriott, Hilton Worldwide, Accor, Mandarin Oriental[20] and other leading hotel groups across North America, Europe, the Middle East and Asia-Pacific.[21]

Founded in 2002 as Swisscom Eurospot, the company originally specialised in providing High-Speed Internet Access (HSIA) services to hotel guests in European 4- and 5-star hotels.[22] With the rising complexity of information and communication technology and increasing cost pressures affecting the hotel business, SHS has brought forward a wider range of applications including Voice over IP, Hotel TV, High-speed Internet and tablet-based room controls that are offered through a converged hotel network infrastructure.[22]

In 2012, the company introduced a Managed Network Services offering specifically for its hotel customers.[23]

References[edit]

  1. ^ a b c d e f "Annual Report 2014 Key Financial Figures". Swisscom. Retrieved 24 March 2015. 
  2. ^ a b "Net asset position". Retrieved 24 March 2015. 
  3. ^ "PTT archive". Museum für Kommunikation/Museum of Communication. Retrieved 4 April 2015. 
  4. ^ "Internet-Auszug - Handelsregister des Kantons Bern" (in German). Handelsregister des Kantons Bern. Retrieved 4 April 2015. 
  5. ^ "Swiss Confederation's share in Swisscom". Swisscom. Retrieved 24 March 2015. 
  6. ^ "History: More than 160 years with a finger on the pulse". swisscom.ch. Retrieved 4 April 2015. 
  7. ^ "Bundesgesetz über die Organisation der Telekommunikationsunternehmung des Bundes". www.admin.ch (in German). Schweizerische Eidgenossenschaft. Retrieved 4 April 2015. 
  8. ^ "History of the brand" (PDF). swisscom. Retrieved 4 April 2015. 
  9. ^ "Swisscom.ch" (in German). Swisscom.ch. Retrieved 2012-03-08. 
  10. ^ Fairchild, Caroline (23 July 2013). "CEO Found Dead In Apparent Suicide". Huffington Post. 
  11. ^ "AR2014 Business overview". Swisscom. Retrieved 24 March 2015. 
  12. ^ a b c d e f "AR 2014, Business overview" (PDF). swisscom. p. 18. Retrieved 4 April 2015. 
  13. ^ swisscom. "About Swisscom - Swisscom's bid for Fastweb was successful". Swisscom. Retrieved 2012-03-08. 
  14. ^ "AR 2014 Other Operating Segments" (PDF). Swisscom - Investors - Financial reports. swisscom. p. 144. Retrieved 4 April 2015. 
  15. ^ a b Bals, Catherine; Majola, Pearl (26 June 2009). "MTN GROUP JOINS BELGACOM ICS, GETS 20 PERCENT STAKE IN BICS". Bloomberg. Belgacom ICS, MTN Group. Retrieved 4 April 2015. 
  16. ^ Rainford, Paul. "Eurobites: Swisscom Tests Low-Power IoT Network". LightReading. Retrieved 2015-03-23. 
  17. ^ M2Mworldnews.com. "Swisscom tests network for the Internet of Things". M2Mworldnews.com. Retrieved 2015-03-23. 
  18. ^ "Investor acquires stake in Swisscom start-up company coComment". About Swisscom. swisscom. 21 December 2006. Retrieved 4 April 2015. 
  19. ^ Maron, Hans Jörg (23 February 2006). ""CoComment": Neuer Swisscom-Service soll Bloggerszene "revolutionieren" / "CoComment": New Swisscom service will "revolutionize" blogosphere". inside-it.ch. Retrieved 4 April 2015. 
  20. ^ "Hotel partners". swisscom - Business - About Us. swisscom. Retrieved 4 April 2015. 
  21. ^ "Swisscom - About Swisscom Hospitality Services" (PDF). Swisscom - Business - About Us. swisscom. Retrieved 4 April 2015. 
  22. ^ a b "Serving hoteliers since 2002". swisscom - Business - about us. swisscom. Retrieved 4 April 2015. 
  23. ^ "Swisscom Hospitality - Serving Hoteliers and their Guests". swisscom - Business. swisscom. Retrieved 4 April 2015. 

External links[edit]