Shored up by a 13% year-on-year rise in revenue at Italian subsidiary Fastweb, Swisscom reported a 0.3% rise in net revenue at constant currencies to 5.92 billion Swiss francs (5.49 billion US dollars) for the first half of 2009. In the group's Swiss business, continuing price erosion due to competitive pressure and regulatory measures resulted in a 2% fall in net revenue.
Swisscom said that its capital expenditure in the first half of 2009 was down 7% to 860 million Swiss francs. source: Swisscom statement
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