Excluding Italian broadband provider Fastweb, Swisscom expects net revenue for 2009 to fall by up to 300 million Swiss francs (258 million US dollars) to between 9.2 billion and 9.3 billion francs, as a result of competitive pressure and flatter growth in the mobile and broadband markets. Swisscom said its EBITDA, (again excluding Fastweb) will be between 3.8 billion and 3.9 billion francs, compared with about 4.4 billion in 2008, and capital expenditure will be flattish at around 1.35 billion francs.
Swisscom said its financial outlook for 2009 is based on the assumption that the worsened economic climate will only have a limited impact on customer demand for telecoms services. source: Swisscom statement
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