Swisscom profits drop 3.5% y-o-y, braces business against OTT services

Fixed line incumbent Swisscom has booked a 1.8% drop in net revenues for the first half of 2012, compared to the same period of 2011, having taken in CHF5.62 billion (USD5.79 billion) in the six-month period. Earnings before interest, tax, depreciation and amortisation (EBITDA) totalled CHF2.24 billion for the period under review, compared to CHF2.27 billion a year earlier

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OVETEL Swisscom profits drop 3.5% y-o-y, braces business against OTT services