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Home > Finance > Swiss majority stake in Swisscom confirmed after review

Finance

Swiss majority stake in Swisscom confirmed after review

Published by Global Banking and Finance Review

Posted on December 20, 2024

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ZURICH (Reuters) - Switzerland will keep its majority stake in telecom company Swisscom, the government said on Friday.

The decision came after a review that found state participation to be necessary from a security policy perspective.

The government will set its strategic goals for Swisscom for the period 2026-2029 in the coming year.

(Reporting by Ariane Luthi and Oliver Hirt)

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