Arab Today, arab today swisscom profits up 101 to 13 bn
Last Updated : GMT 19:51:37
Arab Today, arab today
Arab Today, arab today

Swisscom profits up 10.1% to $1.3 bn

Arab Today, arab today

Arab Today, arab today Swisscom profits up 10.1% to $1.3 bn

Zurich - AFP

Telecoms giant Swisscom reported Thursday a 10.1 percent jump in first half profits to 962 million Swiss francs ($1.3 billion, 926 million euros). The company said the increase was largely technically, given weaker earnings in first quarter 2010 when it made a provision of 102 million francs for its Italian subsidiary Fastweb\'s tax fraud case. Sales fell 3.8 percent in the first half of the year to 5.7 billion francs, cut by a strong franc coupled with lower revenues at Fastweb, Swisscom said. The telecoms giant said that despite customer growth, Fastweb revenue decreased 6.4 percent to 875 million euros during the first half due to strong competition. Swisscom said the strong franc, which hits repatriated foreign earnings, had forced it to cut its 2011 sales guidance from 11.8 billion francs to 11.5 billion francs.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today swisscom profits up 101 to 13 bn Arab Today, arab today swisscom profits up 101 to 13 bn

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today swisscom profits up 101 to 13 bn Arab Today, arab today swisscom profits up 101 to 13 bn

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday