Keystone-SDA
The Confederation has no better short-term solution than to retain the majority of Swisscom shares. This is the conclusion of an evaluation of the Federal Council's strategy carried out by DETEC, in collaboration with a team of external experts.
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December 20, 2024 – 6:35 p.m.
(Keystone-ATS) Currently, around 51% of Swisscom shares are held by the Confederation, the Federal Department of the Environment, Transport, Energy and Communications (DETEC) noted in a press release on Friday. In order to safeguard the Confederation's interests in security policy, the evaluation team considered that there was no better short-term solution than majority participation.
Other possibilities, such as a minority stake or a spin-off of Swisscom, were also examined, but were considered less appropriate and were therefore not pursued. Based on the results of the evaluation, the strategic objectives assigned to Swisscom by the Federal Council will be renewed next year for the period 2026 to 2029.
The role of the Confederation as shareholder of Swisscom is the joint responsibility of DETEC and the Federal Department of Finance (FDF). The Federal Council regularly checks whether the Confederation's participations in companies and establishments that have become independent are still necessary and appropriate. This is what the Federal Council's corporate governance strategy provides for.
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