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SCMWY Swisscom AG (PK)

60.76
0.32 (0.53%)
Last Updated: 15:58:45
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
  0.32 0.53% 60.76 60.51 60.86 60.76 60.76 60.76 365 15:58:45

Swisscom IT Services Division Expands SAP Operations

22/11/2011 9:37am

Dow Jones News


Swisscom (PK) (USOTC:SCMWY)
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Swisscom AG (SCMN.VX) Tuesday said it is acquiring the EFP Group and the Cirrus Group and integrating the two into its existing SAP services division.

MAIN FACTS:

- The acquisitions will allow Swisscom IT Services to further develop its expertise in the public administration, trade and industry, transport, and energy supply sectors.

- Bruno Schmid will remain in place as cheif executive of the SAP services division, which now has a workforce of around 420.

- The SAP services unit is expected to generate revenue of more than CHF120 million in the coming year.

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

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