Swisscom traded at 684.50 this Friday October 23rd, increasing 0.50 or 0.07 percent since the previous trading session. Looking back, over the last four weeks, Swisscom gained 4.27 percent. Over the last 12 months, its price rose by 16.31 percent. Looking ahead, we forecast Swisscom to be priced at 670.54 by the end of this quarter and at 630.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Swisscom AG is a holding company. The Company, through its subsidiaries, provides telecommunication services in Switzerland and Italy. The Company's segments include Swisscom Switzerland, Fastweb, Other Operating Segments and Group Headquarters. Swisscom Switzerland comprises the customer segments, Residential Customers, Enterprise Customers and Wholesale, as well as the information technology (IT), Network and Infrastructure division. Fastweb is an alternative service provider in the Italian fixed-network market for both residential and business customers. The Other Operating Segments includes the Digital Business unit, as well as Participations and Subsidiaries in the areas of payment solutions, network construction and maintenance, radio transmitters, energy management and event solutions. Group Headquarters includes Group Business Steering, Group Strategy and Board Services, Group Communications and Responsibility, Group Security, Group Human Resources and Worklink AG.