Telecoms news from Switzerland
Huawei Offices Raided by Swiss Police in Immigration Probe
Switzerland based Swisscom has warned that it will drop Huawei as a supplier if the company is found to have broken local laws. ...more.
Swisscom Revenues and Profits Fall on Price and Regulatory Cuts
Switzerland based telco, Swisscom has reported a 2.4% decline in its first-quarter revenues, which fell to CHF2.73 billion, while net profit fell by 12.4% to CHF390 million. ...more.
Swisscom LTE Coverage Reaches 35% of the Population
Switzerland based Swisscom has announced that its LTE coverage now reaches 35 percent of the Swiss population. ...more.
Orange Switzerland Awards 5-Year LTE Contract to Nokia Siemens Networks
Under a five-year agreement, Orange Switzerland has selected Nokia Siemens Networks to extend its radio access network as well as supply and build its network to deliver LTE services. ...more.
Orange Switzerland Announces 140 Staff to go in Redundancies
Orange Switzerland has announced 140 job losses as the company "rebalances its resources". ...more.
SBB and Swisscom test traffic relief impact of new work practices
The Swiss mobile network, Swisscom and the national railway company, the SBB are conducting a pilot study to test whether flexible working models might relieve traffic congestion during peak hours. ...more.
100 Orange Switzerland Staff to Join Ericsson
Ericsson says that it has won a five-year managed services contract with Orange Switzerland. As a result, around 100 Orange staff will join Ericsson next month. ...more.
Swisscom Launches its LTE Network in Switzerland
Switzerland's Swisscom has launched its LTE network, with coverage in 26 locations today. ...more.
Swisscom Cutting 400 Jobs Next Year
Switzerland based Swisscom has announced that it is cutting around 400 existing jobs as it refocused efforts in other departments. ...more.
Orange Confirms Swiss LTE Launch Next June
Orange Switzerland has kicked off a series of road shows around the country to promote its forthcoming LTE services, although the launch is not due until next June. ...more.
Orange Switzerland Revenues Rise under New Ownership
Orange Switzerland has reported that its first half revenues rose by 4.8% to CHF 623 million, while its operating result (adjusted EBITDA) was up 20% to CHF 180 million. ...more.
Switzerland's Sunrise Extends Debt Maturity Dates
The affirmation reflects Sunrise's recently announced refinancing of the existing senior secured credit facilities through the issuance of new senior secured fixed and floating rate notes due in 2017 ...more.
Orange Will Start LTE Trials in Switzerland this Year
Orange Switzerland has confirmed that it will start LTE trials in up to ten cities by the end of this year. ...more.
Swiss Aircraft Cabin Crew to Receive iPads
Switzerland base airline, Swiss has announced that 650 of its cabin crew are being provided with iPads to ease their overall workload. ...more.
Huawei Wins Managed Services Contract in Switzerland
Huawei says that it has been selected as the sole managed services partner for the fixed and mobile networks of Switzerland based Sunrise. ...more.
Swisscom Plans Commercial LTE Service from Later this Year
Switzerland's Swisscom says that will start to deploy its LTE based 4G network from late this year. ...more.
Fitch: STMicroelectronics's Ratings and Outlook Weighed By Nokia Exposure
Fitch Ratings says that it expects Switzerland-based STMicroelectronics' ratings to remain under pressure throughout 2012, following earnings calls last week by ST and its wireless chipset joint venture, ST-Ericsson (STE). ...more.
U-Blox Buys LTE Assets Through 4M Wireless Acquisition
Swiss based semiconductor vendor, u-blox says that it is buying LTE developer, 4M Wireless for approximately US$9 million. ...more.
Myriad Secures Hostile Takeover of Synchronica
Switzerland's Myriad Group says that it has secured enough shareholder approvals to complete is hostile takeover bid for the financially troubled mobile email provider, Synchronica in a deal that valued the company at around £20 million. ...more.
Swisscom Ventures invests in Matrixx Software
Swisscom Ventures, the venture capital arm of Swiss telco, Swisscom, has invested in Matrixx Software, a provider of network monitoring software. ...more.
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