Good results; slight decline in Swiss core business At CHF 5,805 million, Swisscom`s net revenue for the first half of 2018 was above the previous year`s level (+ 2.0%). Revenue in the Swiss core business, by contrast, fell by 1.9% to CHF 4,400 million, with telecommunications services revenue declining by over CHF 100 million due to pricing pressure and substitution effects. Consolidated operating income before depreciation and amortisation (EBITDA) totalled CHF 2,143 million, which was 5.2% below the previous year. Various non-recurring items and currency developments are to be taken into account. For example, in the previous year, Fastweb had received CHF 102 million in litigation income,...
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