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SCMWY (Swisscom AG) Accounts Payable & Accrued Expense for Financial Companies


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What is Swisscom AG Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Swisscom AG Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Swisscom AG (OTCPK:SCMWY) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Alte Tiefenaustrasse 6, 3048 Worblaufen, Ittigen, Bern, CHE, 3050
Swisscom AG is the incumbent telecom operator in Switzerland, with very high market share in mobile and fixed-line markets. It charges high prices compared with its competitors and other European peers due to the historical stability of the Swiss telecom market and a favorable regulatory environment. In 2024, Swisscom decided to merge its Italian business, Fastweb, with Vodafone Italia.