Swisscom sold 79,000 of the Apple iPhone 3GS model between its 19 June launch and the end of September 2009, according to industry media reports
Zurich, Switzerland (GenevaLunch) – Swisscom, Switzerland’s dominant telecommunications company, posted revenues of CHF8.92 billion Wednesday 11 November, a figure 1.8 percent below that for the same period a year earlier. Net income rose, however, by 16.6 percent to CHF1.31b, “on a par with the previous year”, says the company. The results were published just days after the company was fined CHF219 million, accused by Switzerland’s competition watchdog of earlier (2007) having a broadband pricing policy that hampered competition. The company, which once had a monopoly of the Swiss industry, has denied the charges. In today’s press release on the company’s results for the first nine months of the year it says that the weak Swiss market was responsible for the lower revenues.
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News story, GenevaLunch, 11 November 2009.
Filed under: Business
Tags: iPhone sales, profits, Q3 2009, results, revenues, Swisscom