Finance

Swiss majority stake in Swisscom confirmed after review

Published by Global Banking & Finance Review

Posted on December 20, 2024

1 min read

· Last updated: January 27, 2026

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Swiss government confirms majority stake in Swisscom for security policy - Global Banking & Finance Review
Image depicting the Swiss government building, symbolizing the confirmation of Switzerland's majority stake in Swisscom. This decision highlights the importance of state involvement in telecom for security policy.
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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

Swiss Government Confirms Majority Stake in Swisscom

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)

Key Takeaways

  • Switzerland retains majority stake in Swisscom.
  • State participation deemed necessary for security.
  • Strategic goals for 2026-2029 to be set next year.
  • Review confirms importance of state involvement.
  • Swisscom's future plans to align with government strategy.

Frequently Asked Questions

What is the main topic?
The Swiss government's decision to retain its majority stake in Swisscom due to security policy considerations.
Why is state participation necessary?
The review found that state participation in Swisscom is necessary from a security policy perspective.
What are the future plans for Swisscom?
The Swiss government will set strategic goals for Swisscom for the period 2026-2029 in the coming year.

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