Swisscom Needs Stable Shareholder for Investment: NZZamS
2015-03-22 09:34:42.665 GMT
By Giles Broom
(Bloomberg) -- Co. is investing in networks and information
technology, so it needs a stable shareholder rather than one
focused on short-term dividends, Swisscom Chairman Hansueli
Loosli says in in an interview with NZZ am Sonntag.
* Swisscom is majority owned by the Swiss government and any
decision to sell the stake will be up to the government, not
the chairman: Loosli
* Other European telecommunications providers paid high
dividends over the yrs and the networks aren’t as good as
they should be: Loosli
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To contact the reporter on this story:
Giles Broom in Geneva at +41-22-317-9212 or
gbroom@bloomberg.net
To contact the editor responsible for this story:
Mark Bentley at +49-699-204-1262 or
mbentley3@bloomberg.net
2015-03-22 09:34:42.665 GMT
By Giles Broom
(Bloomberg) -- Co. is investing in networks and information
technology, so it needs a stable shareholder rather than one
focused on short-term dividends, Swisscom Chairman Hansueli
Loosli says in in an interview with NZZ am Sonntag.
* Swisscom is majority owned by the Swiss government and any
decision to sell the stake will be up to the government, not
the chairman: Loosli
* Other European telecommunications providers paid high
dividends over the yrs and the networks aren’t as good as
they should be: Loosli
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Giles Broom in Geneva at +41-22-317-9212 or
gbroom@bloomberg.net
To contact the editor responsible for this story:
Mark Bentley at +49-699-204-1262 or
mbentley3@bloomberg.net