Form 6-K

SECURITIES AND EXCHANGE COMMISSION

Report of Foreign Private Issuer
Pursuant to Rules 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

Dated: August 13, 2004

Swisscom AG
(Translation of registrant’s name into English)

Alte Tiefenaustrasse 6
3050 Bern, Switzerland
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F þ          Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o          No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________

Table of Contents

		Press Release

Swisscom Group Interim Report as at June 30, 2004:

Swisscom reports stable business performance

Swisscom sold its stake in debitel on 8 June 2004. As a result, debitel is separately disclosed as a discontinued operation in the Swisscom consolidated financial statements.

Swisscom posted a 0.4% increase in revenue (excluding debitel) to CHF 5 billion for the first half of 2004. Operating income before interest, tax, depreciation and amortization (EBITDA) fell by 5.6% year-on-year to CHF 2.25 billion. The 20.5% reduction in net income to CHF 757 million is largely due to the fact that the currency translation loss of CHF 238 million accumulated since the purchase of the debitel holding in 1999 was rebooked to income when the holding was sold. Excluding the debitel Group and in the face of continuing strong competition and unchanged regulatory conditions, Swisscom expects to close 2004 with a consolidated revenue of around CHF 10 billion and operating income before interest, tax, depreciation and amortization of approximately CHF 4.3 billion.

Swisscom posted a 0.4% increase in net revenue (excluding debitel) to CHF 4,999 million at June 30, 2004. While Fixnet and Mobile reported higher revenues (up 0.3% and 5.6% respectively), revenue for Enterprise Solutions was down 8.6%. Swisscom’s operating income before interest, tax, depreciation and amortization (excluding debitel) decreased year-on-year by

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		Press Release

5.6% to CHF 2,251 million. Operating income increases of CHF 43 million for Fixnet and CHF 38 million for Enterprise Solutions were offset by decreases of CHF 79 million for Mobile and CHF 132 million for the Corporate segment.

One-off effect from the sale of debitel — net income down

Swisscom sold its stake in debitel on 8 June 2004. debitel is separately disclosed as a discontinued operation in the consolidated financial statements. In the first half of 2004 this discontinued operation posted a loss of CHF 241 million (prior-year period minus CHF 77 million), comprising a result of CHF 5 million for the period up to completion of the transaction and a loss of CHF 246 million from the sale. The loss includes a cumulative currency translation loss of CHF 238 million since the stake was purchased in 1999, which was previously recorded under shareholders’ equity and not charged to income.

Net income fell by 20.5% or CHF 195 million, mainly due to the rebooking of this currency translation loss. Excluding debitel, net income declined by CHF 31 million.

Equity free cash flow rose year-on-year by CHF 1,257 million to CHF 1,755 million. The fall in net cash provided by operating activities was compensated for by lower net investments, a drop in payments to minority interests, and reduced debt repayments as well as a net cash inflow of CHF 573 million from the sale of debitel.

Outlook for 2004 unchanged, EBITDA of CHF 4.3 billion

Without the debitel Group and in the face of continuing strong competition and unchanged regulatory conditions, Swisscom expects to close the current financial year with a consolidated revenue of around CHF 10 billion and operating income before interest, tax, depreciation and amortization (EBITDA) of approximately CHF 4.3 billion. Capital expenditure in 2004 will be in the order of CHF 1.3 billion.

Segments

Fixnet posted a rise of 0.2% year-on-year in revenue from external customers to CHF 2,296 million. The higher revenue from connection charges — due to strong growth in the broadband access (ADSL) area — compensated for lower revenues in other areas. Revenue from retail traffic declined by 4.6% year-on-year to CHF 642 million, mainly due to the ongoing mobile substitution effect and the migration of Internet traffic to ADSL.

Revenue from wholesale traffic fell 1.2% to CHF 340 million. The positive effect on revenue due to higher volumes in the international termination area was offset by declining revenues due to a price reduction in regulated national interconnection charges and lower international incoming traffic volumes.

Revenue from access fees rose by 10.1% to CHF 923 million due to continuing growth in broadband (ADSL) access lines. The number of ADSL access lines has doubled within the year to 656,000, of which 389,000 are for Bluewin retail customers and

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267,000 for other providers’ customers. Access fees cover fees for analog and digital access lines as well as broadband access lines (ADSL) for retail and wholesale customers, and Internet subscription fees. The drop in other revenue is attributable to the sale of the stake in Telecom FL AG in October 2003, and lower revenue from leased lines.

Fixnet’s year-on-year reduction of 1.8% in operating expenses to CHF 1,758 million is due mainly to the lower number of employees and reduced expenditure on job-reduction measures. EBITDA rose by 4.0% to CHF 1,121 million, resulting in a margin of 38.9% (2003: 37.6%). Fixnet expects to close 2004 with lower revenue and an EBITDA on a par with the previous year.

The Mobile segment posted a year-on-year increase of 4.9% in revenue from external customers to CHF 1,805 million. The 3.7% growth in revenue from connectivity voice is mainly attributable to expansion of the customer base, which more than offset the loss in revenue from national roaming following termination of the agreement between Swisscom Mobile and another mobile provider in mid-2003. The number of Mobile customers rose year-on-year by 223,000 to 3.898 million, primarily due to the successful rollout of Vodafone live!. The average minutes per user per month (AMPU) dropped from 121 to 118 minutes compared with the previous year. By contrast, the average revenue per user (ARPU) was on a par with the previous year’s level.

Revenue from connectivity data and value added services rose by 12.9%, largely due to an increased customer base and the direct billing of SMS traffic with other network providers. Other revenue increased by 14.5%, mainly due to higher terminal equipment sales.

Operating expenses rose year-on-year by 19.8% to CHF 1,169 million. The expanded customer base led to higher spending on customer acquisition and loyalty measures as well as increased expenditure on the purchase of terminal equipment. Operating expenses for the first half of 2004 also include the costs of a new agreement with Vodafone governing access to Vodafone products and services, notably Vodafone live!. In the previous year, the associated costs for the entire year were recorded in the fourth quarter of 2003.

Operating income (EBITDA) fell by 7.5% to CHF 977 million due to the increased cost associated with higher customer numbers, termination of the national roaming agreement, and the cost of a new agreement with Vodafone. As a result of these effects, the EBITDA margin declined from 52% to 45.5%. Due to the increased number of mobile subscribers, the Mobile segment expects to close 2004 with higher revenue and EBITDA on a par with the previous year.

The Enterprise Solutions segment posted a year-on-year decrease of 10.9% in revenue from external customers to CHF 491 million. Traffic revenue fell by 13.5% to CHF 154 million, largely due to substitution by mobile communications and lower volumes and prices as a result of ongoing competitive pressure. Networking revenue declined as a result of lower volumes and prices in the leased-line business, while revenue from the in-house and processes businesses fell mainly due to lower revenue from business numbers.

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Operating expenses fell by 15.4%, mainly on account of lower purchasing volumes in line with the lower revenue, and due to cost savings and reduced spending on workforce reduction measures (minus CHF 2 million as opposed to CHF 32 million for the same period in 2003).

The above-mentioned factors led to a CHF 38 million rise in EBITDA to CHF 65 million, while the EBITDA margin amounted to 11.5% as opposed to minus 4.4% for the previous-year period. Given sustained pressure on prices and ongoing competition, Enterprise Solutions expects to close 2004 with lower revenue but an EBITDA on a par with the previous year.

The Other segment comprises the Group companies Swisscom Systems AG, Swisscom IT Services AG, Swisscom Broadcast AG, the Billag Group and Swisscom Eurospot AG. Revenue from external customers dropped by 2.9% year-on-year, largely due to lower revenues posted by Swisscom Systems and Swisscom IT Services on account of the weak economy. Revenue for Billag rose due to the acquisition of Billag Card Services AG in December 2003.

Operating expenses dropped year-on-year in line with the revenue trend and as a result of savings related to a reduced workforce. Expenses also include costs relating to the setting up of Swisscom Eurospot’s international WLAN business.

EBITDA remained at the previous year’s level primarily as a result of cost savings, while the EBITDA margin rose from 17.2% to 17.5%. Following the acquisition of Billag Card Services AG in December 2003, the Other segment expects to close the current year with higher revenue as well as a higher EBITDA as a result of lower spending on workforce reduction measures.

The detailed interim report is available online at:

http://www.swisscom.com/halfyearreport-2004

Berne, 13 August 2004

Cautionary statement regarding forward-looking statements

This communication contains statements that constitute “forward-looking statements”. In this communication, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and business and certain of our strategic plans and objectives. Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Swisscom’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators and other risk factors detailed in Swisscom’s past and future filings and reports filed with the SWX Swiss Exchange and the U.S. Securities and Exchange Commission and posted on our websites. Readers are cautioned not to put undue reliance on forward-looking statements, which speak only of the date of this communication. Swisscom disclaims any intention or obligation to update and revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Interim Report
January — June 2004

Key Figures

On June 8, 2004 Swisscom completed the sale of its stake in debitel. As a result, debitel is included in the consolidated financial statements as a discontinued operation and is disclosed separately.

Financial Review

Summary

Swisscom increased sales (excluding debitel) by 0.4% to CHF 4,999 million as at June 30, 2004. Sales from Fixnet and Mobile rose by 0.3% and 5.6% respectively, while sales from Enterprise Solutions fell by 8.6%. The operating result before interest, taxes, depreciation and amortization (EBITDA, excluding debitel) fell by 5.6% compared with the previous year to CHF 2,251 million. Increases in the operating result of CHF 43 million from Fixnet and CHF 38 million from Enterprise Solutions were offset by decreases of CHF 79 million from Mobile and CHF 132 million from the Corporate segment.

The development of the individual segments is shown in the following table:

The table shows the adjustment from EBITDA to net income:

Depreciation fell by CHF 73 million compared with the previous year. This is largely attributable to lower depreciation at Fixnet as a result of the increased number of fully depreciated assets.

Financial expense declined by CHF 34 million compared with the previous year. This decline is attributable to lower interest payments and lower impairment charges on financial assets. Financial income declined by CHF 35 million compared with the previous year, particularly because of lower foreign exchange gains.

On 8 June 2004 Swisscom completed the sale of its stake in debitel. As a result, debitel is included in the consolidated financial statements as a discontinued operation and is disclosed separately. In the first half-year of 2004 the result from the discontinued operation amounted to minus CHF 241 million (minus CHF 77 million in the previous year). The result consists of the period result up to the completion of the transaction of CHF 5 million and the loss on disposal of CHF 246 million. The loss includes the previously communicated write-off of the since the acquisition of debitel in 1999 accumulated currency translation loss of CHF 238 million, booked thus far in shareholders’ equity. See Note 5 to the interim statements.

Financial Review

Net income declined by 20.5% or CHF 195 million in particular as a result of this currency translation loss from debitel. Net income declined by CHF 31 million without taking debitel into consideration.

Without the debitel Group and in the face of continuing strong competition and unchanged regulatory conditions, Swisscom expects consolidated revenue of around CHF 10 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) of approximately CHF 4.3 billion for the current year. Capital expenditure in 2004 will amount to approximately CHF 1.3 billion.

Fixnet

Financial Review

Revenue from Fixnet with external customers increased by 0.2% to CHF 2,296 million compared with the previous year. The revenue increase in the case of access fees — as a function of strong growth in broadband lines (ADSL) — provided compensation for declines in the other revenue areas.

Revenue from retail traffic fell by 4.6% to a total of CHF 642 million compared with the previous year. The decline is, above all, attributable to the ongoing substitution effect from mobile telephony and the migration of Internet traffic to ADSL.

Revenue from wholesale traffic declined by 1.2% to CHF 340 million. An increase due to higher volumes in the international termination division contrasted with declines due to a reduction in regulated national interconnection prices and lower volumes in the area of international incoming traffic.

Access fee revenue rose by 10.1% to CHF 923 million owing to the growing number of broadband lines (ADSL). The number of ADSL lines increased to 656,000 or doubled compared with the previous year. This business included 389,000 lines subscribed to by Bluewin retail customers and 267,000 by the customers of other providers. The position Access Fees includes fees for analog and digital lines, broadband lines (ADSL) for retail and wholesale customers as well as Internet subscription fees.

The decline in other revenue is mainly a result of the sale of the investment in Telecom FL AG in October 2003 and lower revenue in the case of leased lines.

The operating expense of Fixnet decreased in relation to the previous year by 1.8% to reach a total of CHF 1,758 million, which is primarily due to the lower headcount and a drop in the cost of workforce reduction measures. In the first half-year of 2004 the costs of workforce reduction measures amounted to CHF 7 million (previous year: CHF 48 million).

The EBITDA rose by 4.0% to CHF 1,121 million, particularly as a result of lower costs of workforce reduction measures. The EBITDA margin amounted to 38.9% (previous year: 37.6%).

Compared with the previous year Fixnet anticipates a decline in revenue for the year 2004, but an EBITDA at the level of the previous year.

Mobile

Mobile increased its revenue with external customers by 4.9% to CHF 1,805 million compared with the previous year as a result of the increased number of subscribers.

The 3.7% increase in revenue in the Connectivity Voice division can be primarily attributed to higher numbers of subscribers and more than compensated for the decline in sales due to termination of the national roaming agreement between Mobile and another mobile network operator in mid-2003. The number of subscribers increased year-over-year by a net total of 223,000 to 3,898,000. The increase is largely due to the successful launch of Vodafone live! The average minutes per user and month (AMPU) fell from 121 minutes to 118 minutes compared with the previous year. However, the average revenue per user (ARPU) was maintained at the level of the previous year.

Revenue in the connectivity data segment and value added services rose by 12.9% compared with the previous year, mainly as a result of an increased number of subscribers and the direct billing of SMS with other network operators.

Other revenue grew by 14.5% compared with the previous year and was chiefly due to an increase in handset sales.

Mobile segment expenses rose by 19.8% to CHF 1,169 million compared with the previous year. The increase in the number of subscribers led to increased costs for customer acquisition and retention as well as higher costs for the purchase of handsets. The operating expenditures for 2004 also include the costs of a new arrangement with Vodafone for access to its products and services, in particular Vodafone live! In the previous year the corresponding expenditures were recorded in the fourth quarter for the whole year.

Operating income (EBITDA) fell by 7.5% to CHF 977 million due to the higher costs associated with the increase in subscribers, termination of the national roaming agreement and the new arrangements with Vodafone. EBITDA margin declined from 52.0% to 45.5% as a result of these effects.

For the year 2004, Mobile expects an increase in revenue as a result of the increase in the number of subscribers and EBITDA at the level of the previous year.

Financial Review

Enterprise Solutions

Revenue from external customers fell by 10.9% to CHF 491 million compared with the previous year. Traffic revenue declined by 13.5% to CHF 154 million, mainly as a result of the substitution effect from cellular radio as well as lower volumes and prices as a result constant competitive pressure. The drop in network revenue was due to lower volumes and prices in the leased line business. The decline in revenue in the area of in-house and processes was primarily due to lower revenues from business numbers.

The 15.4% reduction in operating expenses can primarily be attributed to lower purchasing volumes due to the decline in revenue, cost savings and a drop in the cost of workforce reduction measures. In the first half-year of 2004 these amounted to CHF 2 million (previous year: CHF 32 million).

As a result of the aforementioned effects EBITDA rose by CHF 38 million to a total of CHF 65 million. The EBITDA margin amounted to 11.5% (previous year: 4.4%).

As a result of continued price and competitive pressure Enterprise Solutions expects lower revenue for the year 2004 but EBITDA at the level of the previous year.

Other

The “Other” segment comprises the Group companies Swisscom Systems AG, Swisscom IT Services AG, Swisscom Broadcast AG, Swisscom Eurospot AG and the Billag Group.

Revenue from external customers fell by 2.9% in comparison with the previous year. This decline can largely be attributed to a fall in revenue from Swisscom Systems and Swisscom IT Services as a result of the weak economic environment. The increase in revenue at Billag is due to the acquisition of Billag Card Services AG in December 2003.

The operating expense declined in comparison with the previous year in line with the decline in revenue and lower personnel costs as a result of less personnel. The operating expense also includes costs involved in developing Swisscom Eurospot’s international WLAN business.

EBITDA remained at the level of the previous year, in particular because of cost savings. The EBITDA margin amounted to 17.5% (previous year: 17.2%).

As a result of the purchase of Billag Card Services AG in December 2003 greater revenue is anticipated for the “Other” segment for the year 2004 as well as a higher EBITDA as a result of the drop in costs of workforce reduction measures.

Financial Review

Corporate

The Corporate segment includes the divisions at Group Headquarters, shared services for Group companies, the real estate company and the employment company WORK_LINK AG.

The decline in the operating result may be attributed, on the one hand, to income in the amount of CHF 22 million from a no longer required provision for dismantlement and restoration costs released in the first half-year of 2003 and, on the other hand, higher costs for social plan measures. In the first half-year of 2004 this figure amounted to CHF 50 million (compared with minus CHF 33 million in the previous year). As a result of the aforementioned effects EBITDA declined by CHF 132 million to minus CHF 21 million.

A negative EBITDA is expected for the Corporate segment in 2004 as a result of the aforementioned effect in connection with the employment company WORK_LINK AG.

Termination benefits

Costs relating to workforce reduction measures are recorded separately for each segment as soon as the employees affected have been informed in person or the detailed workforce reduction plan has been communicated to the staff. The corresponding expenditure amounted to CHF 5 million in the first half-year of 2004 (previous year: CHF 90 million). In the previous year these included costs of CHF 56 million for staff who in accordance with the provisions of the social compensation plan were entitled to transfer to the employment company WORK_LINK AG or who were able to find a new position in another organizational unit within Swisscom. Under IFRS these costs do not suffice for the creation of provisions because the employment relationship with the relevant staff was not terminated. These costs, for which provisions cannot be created, were eliminated again in the Corporate segment and shown in the income statement.

A total of CHF 55 million (previous year: CHF 51 million) in expenditures for social compensation plan measures were incurred in the first half-year of 2004. The net expenditure for EMC and WORK_LINK amounted to CHF 49 million (previous year: CHF 17 million). This amount includes wages and salaries as well as expenditures for social security for EMC and WORK_LINK in the amount of CHF 41 million (previous year: CHF 19 million). The remaining personnel and operating expenditure included the costs for personnel and infrastructure in connection with the operation of EMC and WORK_LINK as well as expenses of a provident nature (IFRS) for EMC and WORK_LINK participants.

Income taxes

Income tax expense in the first half-year of 2004 amounted to CHF 282 million (previous year: CHF 295 million), which corresponds to an effective tax rate of 19.5% (previous year 19.5%).

Affiliated companies

This item primarily includes the 49% interest in PubliDirect Holding AG. In the previous year it also included the interests in Cesky Telecom which was held indirectly via TelSource N.V. and sold in December 2003. In the first half-year of 2004 the equity in net income of affiliated companies amounted to CHF 7 million (previous year: CHF 12 million).

Financial Review

Equity Free Cash Flow

Compared with the previous year equity free cash flow rose by CHF 1,257 million to reach a total of CHF 1,755 million. The decline in net cash provided by operating activities was offset by lower net cash used in investing activities, a decline in payments to minority interests and a reduction in debt repayments as well as net receipts from the sale of debitel. The decline in net cash provided by operating activities is attributable to both a lower EBITDA and lower income tax payments. Previous year’s figure included CHF 750 million from a loan to the Swiss Post which will be omitted in 2004. The net receipts from the sale of debitel include the sales proceeds less deferred payment of the purchase price, the purchase of 2% of the debitel shares from ElectronicPartner, the loans granted (vendor loan notes) and the transaction costs.

Minority interest

Minority interest relates mainly to the 25% shareholding of Vodafone in Swisscom Mobile AG. In the first half-year of 2004 the share of the net income of subsidiaries amounted to CHF 175 million (CHF 202 million in the previous year). Dividends in the amount of CHF 360 million (previous year: CHF 390 million) were paid to minority shareholders in the first half-year of 2004.

debitel

On June 8, 2004 Swisscom completed the sale of its stake in debitel to Telco Holding S.à.r.l. Telco Holding S.à.r.l. is backed by funds where the private equity company Permira acts in a consulting capacity. The selling price for 95% of the debitel shares, including a 2% share acquired beforehand from ElectronicPartner in April of 2004, amounted to EUR 640 million. In conjunction with the sale Swisscom granted a 100% subsidiary of Telco Holding S.à.r.l. two loans (vendor loan notes) in the amount of EUR 210 million. After deduction of this loan Swisscom receives EUR 430 million from the sale of its investment in debitel in 2004. The loss on disposal amounted to CHF 246 million. This includes the previously communicated write-off of the since the acquisition of debitel in 1999 accumulated currency translation loss of CHF 238 million, booked thus far in shareholders’ equity. debitel is included in the Swisscom consolidated financial statements as a discontinued operation and is disclosed separately. Further information is included in Note 5 in the notes to the interim statements.

Share buy-back

At the end of May 2004 Swisscom launched a share buy-back scheme in the amount of up to CHF 2 billion. The shares are being purchased via a second trading line. A total of 1,024,000 shares had been repurchased for CHF 408 million as at June 30, 2004.

Outlook

Without the debitel Group and in the face of continuing strong competition and unchanged regulatory conditions Swisscom expects consolidated revenue of around CHF 10 billion and operating result before interest, taxes, depreciation and amortization (EBITDA) of approximately CHF 4.3 billion for the current year. Swisscom expects EBITDA from operative business (Fixnet, Mobile, Enterprise Solutions and Other) to remain stable compared with the previous year. In the Corporate segment, higher expense in respect of the employment company WORK_LINK AG is expected. Capital expenditure in 2004 will amount to around CHF 1.3 billion.

Consolidated income statements

Consolidated balance sheet (condensed)

Consolidated cash flow statement (condensed)

The cash flow statement does not include cash flows and cash balances from discontinuing operation (debitel). There were no cash flows between continuing and discontinuing operation (debitel) in the first half-year 2003. For information on cash flows relating to debitel, see Note 5.

Consolidated statement of shareholders’ equity

Notes to the Consolidated Interim Statements

1 Accounting principles

The unaudited consolidated interim statements have been drawn up in accordance with International Accounting Standard (IAS) 34 “Interim Financial Reporting”. The same accounting principles apply as were used for the consolidated financial statements for 2003.

Some of the prior-year figures have been adjusted to facilitate comparison. The adjustments relate to the presentation of debitel (see Note 5) and the segment information (see Note 2).

2 Segment reporting

Since the beginning of 2004 Enterprise Solutions has been targeting customers with complex, solution-oriented telecommunication needs (some 4,000 major Swiss companies come under this heading), while Fixnet continues to deliver standardized telecommunications products for the residential and business customer markets. As a result of the new segmentation, 46,000 customers were transferred from Enterprise Solutions to Fixnet. At the same time, over 100 Enterprise Solutions employees were transferred to Fixnet. Prior year has been restated to reflect these changes.

The Fixnet segment comprises primarily access services to residential and business customers, fixed retail telephony traffic in respect of residential customers, the utilisation of the Swisscom fixed network to national and international telecommunications providers and payphone services, operator services and prepaid calling cards. Fixnet also provides leased lines, sells customer equipment and operates a directories database.

Mobile comprises primarily mobile telephony, which includes domestic and international traffic generated by Swisscom customers in Switzerland or abroad as well as roaming traffic generated by customers of foreign operators using the Swisscom GSM network. The segment also includes value-added services, data traffic and the sale of mobile handsets.

Enterprise Solutions comprises primarily national and international fixed-line voice telephony services for business customers, national and international leased-line activities, intranet services as well as national and (via Infonet Switzerland) international private network services. Other services include business numbers, consulting and business Internet services as well as public data network services.

The segment “Other” mainly comprises Swisscom Systems AG, Swisscom IT Services AG, Swisscom Broadcast AG and the Billag Group.

“Corporate” covers the costs of headquarters, the real-estate company, the employment company WORK-LINK and costs not directly allocable to a segment.

As a result of its sale, debitel is shown in the consolidated financial statements as a discontinuing operation.

Notes to the Consolidated Interim Statements