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Swisscom revenue falls 3%, EBITDA stable in first 9 months

2020-10-29 09:53:00| Telecompaper Headlines

(Telecompaper) Swisscom said that net revenues in the first nine months of 2020 fell by 3 percent year-on-year to CHF 8.2 billion, as the Covid-19 pandemic had a particularly negative impact on roaming revenues. The pandemic's overall impact on financial results is minor, however. EBITDA remained nearly stable at CHF 3.3 billion, recording a decrease of 0.1 percent. On a like-for-like basis and at constant exchange rates EBITDA increased by CHF 7 million or 0.2 percent.

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Category:Telecommunications

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