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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 | 60.57 | 60.90 | 0.00 | 14:03:20 |
From Aug 2019 to Aug 2024
ZURICH--Swisscom AG (SCMN.VX) Tuesday said it will take over 75% of Telecom Liechtenstein AG.
MAIN FACTS:
- Swisscom and the Principality of Liechtenstein have signed a declaration of intent for the takeover of 75% cent of Telecom Liechtenstein AG's shares
- Swisscom is planning to take over the telecommunications business and the telecoms infrastructure currently belonging to the Liechtenstein power company, and to manage it through Swisscom (Switzerland) Ltd.
- This will ensure that customers in Liechtenstein continue to benefit from a modern telecoms infrastructure, attractive telecoms products and services and excellent basic provision, also in the future.
- The cable network activities of Telecom Liechtenstein and the Swiss subsidiary Deep AG will not be included in the takeover.
- The Liechtenstein parliament will decide on the necessary legal adjustments for the takeover towards the end of the year
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Swisscom (PK) Chart |
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