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SCMWY Swisscom AG (PK)

56.45
0.79 (1.42%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Swisscom AG (PK) USOTC:SCMWY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.79 1.42% 56.45 54.87 57.43 56.45 55.62 55.62 9,266 21:05:08

Swisscom Buys Entris Operations To Boost Banking Expertise

03/06/2013 7:16am

Dow Jones News


Swisscom (PK) (USOTC:SCMWY)
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ZURICH -- Swisscom AG (SCMN.VX) Monday said it has acquired Entris Operations from RBA Holding and Berner Kantonalbank for an undisclosed sum to boost its expertise in banking processing.

MAIN FACTS:

- Swisscom is taking on all 220 employees.

- The acquisition of the company, which specialises in processing banking operations, will secure additional processing volume for Swisscom.

- Entris Operations, headquartered in Gümligen, has a workforce of 220 employees and primarily processes payment transactions and securities trading for around 50 banks.

- In 2012, Entris Operations handled over 65 million payment transactions and processed customer deposits of around CHF35.2 billion.

-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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