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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 60.44 | 60.44 | 60.44 | 0.00 | 01:00:00 |
From Aug 2019 to Aug 2024
Swisscom AG (SCMN.VX) Wednesday said it plans to overhaul its mobile network and will invest several hundreds of millions of Swiss francs over the next five years.
MAIN FACTS:
- Swisscom will update the technology of all mobile base stations.
- It will also increase network capacity at heavily frequented locations and press ahead with LTE expansion, and it has chosen Ericsson as its strategic partner for the network expansion.
- It will begin to implement the measures in January 2012.
- By mid-2014 Swisscom will have upgraded all 6,000 mobile base stations with new hardware and software and connected them to fast fibre-optic lines.
- These mobile transmission sites will thus be ready for the launch of the new LTE mobile technology.
- The more than 300 new mobile sites established each year will also be similarly fitted out.
- The antenna systems will not be affected, and the stringent radiation limits will continue to be met.
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
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