Swisscom wins CHF 18 million appeal as Swisscom stock is valued at CHF 33.9 billion

Published on 10/15/2026 at 12:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Swisscom's 2026 outlook stays unchanged after the court decision on October 14, 2026. Swisscom stock trades at EUR 703.50 on October 15, 2026.

Fiber ruling and quarterly results

Swisscom won its appeal against a CHF 18 million fine on October 14, 2026.
Second-quarter net income rose 30.00 percent to CHF 337.0 million.
Swisscom stock trades at EUR 703.50 at 12:50 p.m. CEST on October 15, 2026.

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Swisscom (ISIN CH0008742519) had a market capitalization of CHF 33.9 billion on October 15, 2026, as the company won an appeal against an CHF 18 million antitrust fine. The ruling keeps Swisscom's 2026 outlook unchanged, according to Morningstar on October 14, 2026.

Why the CHF 18 million ruling matters

The Federal Administrative Court overturned the Swiss Competition Commission's penalty and related obligations over Swisscom's fiber-network expansion. The court found that Swisscom did not hold a dominant position in the relevant market, while the judgment could still be appealed to Switzerland's Federal Supreme Court, Morningstar reported.

For investors, the immediate financial effect is smaller than the regulatory signal. Swisscom said it remains committed to advancing its fiber rollout, and the unchanged 2026 outlook leaves execution in Switzerland and Italy as the next test.

What does the earnings base show?

Swisscom's second-quarter revenue was CHF 3.62 billion and net income was CHF 337.0 million, up 30.00 percent from CHF 259.0 million in the second quarter of 2025. The investor-relations page identifies the figures as valid on June 30, 2026, while Simply Wall St reports second-quarter earnings per share of CHF 6.51 against CHF 4.99 a year earlier.

Three events set the timeline

On August 6, 2026, Swisscom reported CHF 3.62 billion of second-quarter revenue and CHF 337.0 million of net income through its investor-relations materials. On September 21, 2026, the company moved from the SMI into the SMIM as the index composition changed, according to Investing.com. On October 14, 2026, the court overturned the CHF 18 million fine, according to Morningstar.

Upcoming reporting dates

Swisscom's next reported milestone is the third-quarter 2026 result on November 5, 2026. The fiscal-year 2026 result is scheduled for February 11, 2027, according to Simply Wall St.

Stock stays tied to execution

The appeal removes a CHF 18 million regulatory burden, but it does not change the operational task of expanding the fiber network while managing the Italian business. Swisscom was trading at EUR 703.50 at Lang & Schwarz on October 15, 2026 at 12:50 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Swisscom stock.