Swisscom's Q3 2025 results reflect stable operational performance and effective integration efforts in Italy, with revenues at CHF 3.7 billion, slightly down 1.8% year-over-year. The company has confirmed its full-year guidance, underscoring confidence in its strategic direction.

• Mobile net adds in Switzerland stabilized at approximately 45,000 per quarter, while broadband losses showed improvement.
• In Italy, net adds decreased by 39,000 due to the completion of a government contract, although B2C losses are diminishing.
• Swisscom successfully completed all four service tests, reinforcing its commitment to customer service excellence.
• Cost management remains strong, achieving full-year cost targets by the end of Q3, aiding in EBITDAaL stability.
• Accelerating integration in Italy is a priority, with a focus on capturing synergies while addressing service revenue erosion.