Net income up, revenues down in first quarter for Swisscom :

Net income up, revenues down in first quarter for Swisscom

There was a rise in net income at Swiss telecom company Swisscom AG in the first quarter compared to the same period of last year. The company reported first quarter net income of 455 million Swiss francs ($496 million), an increase of 2.9% from last year. Earnings per share was 8.78 francs compared to 8.53 francs. Operating income before depreciation and amortization, or EBITDA, fell by 0.8% to 1.155 billion francs. First quarter revenue was 2.7 billion Swiss francs, a decline of 1.6% from a ye

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Switzerland , Swiss , , Swisscom , Swiss Francs , Telecommunications Company , Operating Income , Net Income ,

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