Home › Swisscom sees drop in revenues, EBITDA, minimal impact of Covid-19 crisis in Q1
 

Keywords :   


Swisscom sees drop in revenues, EBITDA, minimal impact of Covid-19 crisis in Q1

2020-04-30 09:23:00| Telecompaper Headlines

(Telecompaper) Swisscom said that its revenues decreased by 4.3 percent year-on-year in Q1 2020 to CHF 2.73 billion, in line with expectations, and with minimal impact of the Covid-19 crisis on its financial results for the period. EBITDA fell 0.7 percent to CHF 1.11 billion. In the Swiss market, the company saw a 4.4 percent decline in revenues to CHF 2.07 billion in the first quarter, with revenues in the telecommunication services down by CHF 72 million amid persistent competitive and price pressure in various segments. 

Tags: impact drop crisis minimal

Category:Telecommunications

Latest from this category

All news
07.01Microsoft 365 Copilot Business Signals a New Phase of AI Adoption for SMBs
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
11.01The FTSE 100 has hit a record high. Is now the time to start investing?
11.01The FTSE 100 has hit a record high. Is now the time to start investing?
11.01'I had no electricity for six months': American families struggle with soaring energy prices
11.01'I had no electricity for six months': American families struggle with soaring energy prices
11.01The real impact of roadworks on the country - and why they're set to get worse
11.01Google employee made redundant after reporting sexual harassment, court hears
10.01This Week in Agribusiness, January 10, 2026
10.01This Week in Agribusiness, January 10, 2026
More »