Swisscom AG

SCMN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CHF 271.00	Wsrcgt	Cppkrwcw

Increasing Swisscom FVE to CHF 440 After Improved Financial Outlook

Javier Correonero

Feb 9, 2023

Business Strategy and Outlook

Swisscom is the leading telecom operator in Switzerland. The company has one of the highest market shares among European telecom operators while also charging high prices to customers. High prices have been maintained due to the overall health of the Swiss economy, a supportive regulatory environment, and lack of alternatives to Swisscom’s networks.

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