Swiss telco Swisscom has reported net revenues fell 2.4 per cent in the first quarter as record customer growth failed to offset weakening market prices. First quarter net profits fell 12.4 per cent to 390 million Swiss francs ($420.3 million). Swisscom TV connections increased by 205,000 (31.3 per cent) year-on-year to 860,000. Meanwhile, Swisscom has increased its stake in Cinetrade [...]
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