Swisscom Ag · SIX:SCMN
Swisscom — Conference - Bank am Bellevue, Flims (January 2002)
16 slides from Swisscom's conference presentation, Jan 11, 2002
Slide 1: Company Presentation: solid as a rock
Company Presentation “solid as a rock” Jens Alder, CEO Conference - Bank am Bellevue Flims, Switzerland 11 January 2002
Slide 2: Disclaimer
Disclaimer " The following presentation may contain forward looking statements. Actual results may differ materially from those expressed or implied in such forward looking statements. Additional information as to factors that could cause actual results to differ from anticipated or projected result
Slide 3: Agenda
Agenda n Company Profile n Beliefs and strategy n Key Figures n Conclusions
Slide 4: Company Profile
irr t Company Profile
Slide 5: Profile Swisscom: Switzerland's incumbent operator
Profile Swisscom: Switzerland’s incumbent operator · Domestically: sales > CHF 10 bln p.a., EBITDA margins close to 40% · 94% owner of debitel, Europe’s number 1 Mobile Service Provider · Swisscom: a group of companies, each focussed on specific market segments, sharing common values such as our str
Slide 6: Beliefs and strategy
irr t Beliefs and strategy
Slide 7: Beliefs
Beliefs n No global ambitions - Switzerland remains key to us n No merger of equals - insufficient business rationale n Clear investment focus – 1. improvements of core business – 2. organic growth – 3. non-organic growth n Systematic opportunity screening - growth through acquisitions only if inves
Slide 8: Investment criteria
Investment criteria n Strategic fit n Viability of business model n Good management n Good value n Size of transaction
Slide 9: Results from market screening 2001
Results from market screening 2001 n No imminent and compelling opportunities found that would satisfy all of our investment criteria n Continue active screening, but likelihood of sizeable transaction (esp. in the international data arena) is decreasing n Return cash to shareholders as viable alter
Slide 10: Swisscom, "solid as a rock"
Swisscom, “solid as a rock” n Balance Sheet with a Net Cash position of some CHF 3 bln created through: – solid performance in the domestic market – continued lower cost of operations – more rationale behavior from competition – stabilising prices in both fixed and mobile markets – slowing market sh
Slide 11: Key Figures
irr t Key Figures
Slide 12: Swisscom - key figures for the group
Swisscom - key figures for the group Net revenue EBITDA Net income 12'000 Employees incl. debitel Employees excl. debitel 10'000 23'000 In CHF million 8'000 22'000 21'000 6'000 20'000 4'000 19'000 18'000 2'000 17'000 16'000 0 15'000 1999 2000 2001 FY 1998 FY 1999 FY 2000 Q3 2001 9 months ending
Slide 13: Swisscom Fixed line businesses - Traffic volume and market shares
Swisscom Fixed line businesses - Traffic volume* and market shares % Market shares + 2 .3 Q3 2000 Q3 2001 12'500 84% Local Other 82% in minutes (millions) 10'000 VAS International 69% Long-distance 68% 7'500 Fixed-to-mobile 5'000 Fixed-to- Long-distance 68% mobile 65% 2'500 Local 57% International 5
Slide 14: Swisscom Mobile - Key Figures
Swisscom Mobile - Key Figures Key facts (30.9.2001) Strong subscriber growth Subscribers (‘000) n 3 GSM operators and 4 licensees 3% for UMTS +1 2'104 n Swiss penetration rate of 71% 1'867 7% +2 n 3.5 million Swisscom customers 1'407 with ARPU of CHF 83 1'106 n Market share of 68% (and even higher i
Slide 15: Conclusions: Stable domestic performance
Conclusions: Stable domestic performance, providing further comfort that our focus is right Always looking for growth, but only if “solid as a rock”
Slide 16: Thank you for your attention
Thank you for your attention For further information, please contact: Swisscom - Investor Relations tel. +41 31 342 2538 fax. +41 31 342 6411 or visit our homepage: www.swisscom.com/ir
Swisscom — Conference - Bank am Bellevue, Flims (January 2002) on 6ix