Euro Slide Takes Away From Incumbent's Strong Fundamentals

Swisscom, Switzerland's incumbent, has announced Q211 results, showing a mixed picture for the operator. Revenues declined as a result of competitive pressures in its Swiss operations and foreign exchange movements affecting the realisation of revenues from its Italian subsidiary FastWeb. BMI analyses Swisscom's results and looks at the potential impact of the departure of France Télécom from the market.

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