|Bid||470.00 x 27900|
|Ask||465.00 x 10000|
|Day's Range||459.00 - 466.60|
|52 Week Range||438.60 - 466.60|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||15.19|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||481.58|
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Investors pursuing a solid, dependable stock investment can often be led to Swisscom AG (VTX:SCMN), a...
Sunrise said earlier on Thursday that it had agreed to buy UPC Switzerland from John Malone's Liberty Global and that it would finance the transaction with a $4.1 billion rights issue. The acquisition will bolster Sunrise's position against Switzerland's dominant mobile and internet provider Swisscom and comes as Malone is cashing out of some of his European investments. In a potential obstacle, however, Freenet, which owns a nearly 25 percent stake in Sunrise, said it would not participate in the rights issue, arguing that it saddles existing investors with all the risk.
Liberty Global is the vehicle of U.S. cable pioneer John Malone, who is cashing out of some of his European investments. Sunrise shares fell as much as 13 percent after the company said on Thursday it had agreed to purchase Liberty's UPC Switzerland as it said it would be accompanied by a 4.1 billion Swiss franc ($4.1 billion) rights issue. Sunrise said it will pay Liberty Global around 2.7 billion francs in cash and assume 3.6 billion Swiss francs of UPC's debt.
The purchase of Liberty's UPC Switzerland, to be accompanied by a 4.1 billion francs rights issue, bolsters Sunrise's position as Switzerland's second largest telecoms company, and follows Liberty Global's sale of its Austrian business to T-Mobile Austria last year. Sunrise will pay Liberty Global 2.6 billion Swiss francs in cash, and assume 3.6 billion Swiss francs of UPC's debt, the company said in a statement.
Swiss telecom company Swisscom cannot be forced to block access to foreign internet sites that illegally make films available, the highest Swiss court said on Wednesday, ending a three-year-old copyright case brought by a local film company. The Swiss Supreme Court dismissed the complaint of the company, Zurich-based Praesens-Film, that owns the Swiss rights for numerous films and had demanded Swisscom deploy technology to block downloads or streaming access. The decision, which confirms a lower-court ruling, concluded that in order for Swisscom to be forced to block the sites in question, it would have to be a participant in the copyright infringement.
Switzerland's Federal Communications Commission (ComCom) has retroactively cut some regulated prices that Swisscom charges rivals, the agency said on Tuesday after concluding that some of its prices were too high. "Responding to requests from Sunrise and Salt, the Federal Communications Commission has reviewed the prices charged for the regulated telecoms services offered by Swisscom. In many cases, these prices have been reduced with retroactive effect for the 2013–2016 period," it said in a statement.
Swisscom, Sunrise and Salt have paid a relatively modest 380 million Swiss francs (292 million pounds) for fifth-generation wireless frequencies that will tighten their grip on the Swiss mobile market. The three were able to secure an attractively priced deal after a fourth company, London-based newcomer Dense Air, dropped out of the process, auction results showed on Friday. The exit of Dense Air -- part of the Airspan Group that hosts 4G and 5G mobile phone networks in Europe, Australia and New Zealand -- also removes a potential rival for the three companies in the already crowded Swiss mobile market.
Swisscom said it faced "fierce" competition with global internet companies while reporting 2018 net profit that matched expectations amid looming market consolidation in Switzerland. The internet, mobile phone and digital television provider reported net profit down 3 percent to 1.52 billion Swiss francs (£1.2 billion), matching estimates in an Infront Data poll. The company, which is 51 percent owned by the Swiss government, proposed paying an unchanged dividend of 22 francs per share, in line with its previous guidance.
ZURICH (Reuters) - Swisscom is well placed to handle the fallout from potential merger activity that will sharpen competition in Switzerland's telecommunications market, Chief Executive Urs Schaeppi said ...
Analysts have said a tie-up makes sense, given that Sunrise and UPC's fixed and mobile services would make the combined entity a stronger rival to the dominance of state-controlled Swisscom. "We also see 1-2 billion Swiss francs ($1 billion to $2 billion) of potential synergies," Barclays analysts said.
Over the past 10 years Swisscom AG (VTX:SCMN) has been paying dividends to shareholders. The company currently pays out a dividend yield of 4.6% to shareholders, making it a relatively Read More...
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The two-week bidding process that ended late Tuesday saw prices of some of the most coveted airwaves soar as companies battled for a chance to offer the 5G services, which bring faster download speeds for videos and gaming and will help to facilitate self-driving cars and connect a multitude of devices. The industry’s final bill is more than twice what the government had expected and will leave investors wondering how the companies will turn a profit on 5G once the networks are installed. Telecom Italia SpA and Vodafone Group Plc each committed to pay about 2.4 billion euros ($2.8 billion) for the largest blocks.
Swisscom AG (VTX:SCMN) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back intoRead More...
Leveraging Ericsson's (ERIC) Router 6000, Swisscom aims to provide end-to-end 5G transport network from radio base stations to the data center
I am going to run you through how I calculated the intrinsic value of Swisscom AG (VTX:SCMN) by taking the expected future cash flows and discounting them to today’s value.Read More...