Integration Progress in Italy
The integration of Fastweb and Vodafone in Italy is progressing well, with the execution of the plan on track. The technical work is completed, and first cost synergies are anticipated later in the year.
Network and Brand Achievements
Swisscom was awarded as the Strongest Telco Brand worldwide by Brand Finance and won numerous network awards. Swisscom's 5G coverage increased to 86%, and FTTH coverage increased to 53%.
B2B Growth in Italy
The B2B segment in Italy saw a 9.2% increase in IT revenue, driven by cloud, cybersecurity, and other IT product sales, surpassing CHF 200 million for the first time in Q1 2025.
Cost Savings Initiatives
Swisscom delivered CHF 9 million in cost savings in Q1 and is on track to achieve the full-year target of CHF 50 million through automation and new retail formats.