SCMN.SW▲
Swisscom Q2 2026 EBITDAaL Surges 6.1% on Italy Synergies and Swiss Cost Savings
Swisscom reported second-quarter 2026 EBITDAaL of CHF1.269 billion, up 6.1% year-over-year, driven by synergies from the Vodafone Italia integration and strong cost savings in Switzerland. Group revenue declined 2% to CHF3.6 billion, while operating free cash flow rose 23.9% to CHF608 million. Italy synergies reached EUR89 million in the quarter, bringing the first-half total to EUR166 million, and the company is on track to deliver EUR300 million for the full year. Swiss cost savings totaled CHF42 million in the first half, with full-year guidance of at least CHF50 million confirmed. Italian B2C mobile ARPU increased for the first time since the merger to EUR8.3, and the energy business scaled to 141,000 RGUs, expected to generate slightly over CHF100 million in revenue for 2026.