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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.069 | -0.11% | 64.771 | 64.06 | 64.89 | 64.87 | 64.125 | 64.125 | 2,191 | 17:25:57 |
Swisscom AG (SCMN.VX) Wednesday was cleared by the Swiss Federal Court of abusing its position and overcharging for mobile phone termination charges.
The telecoms company had faced a fine of 333 million Swiss francs ($374 million) which it now doesn't have to pay.
The Federal Court upheld the appeal by Swisscom, saying the company hadn't abused its position and agreed with Swisscom's view that it didn't dominate the market.
-By John Revill, Dow Jones Newswires; +41 43 443 8042 ; john.revill@dowjones.com
1 Year Swisscom (PK) Chart |
1 Month Swisscom (PK) Chart |
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