The telco ended the year with a total of 1.66 million broadband access lines having added 77,000 new customers during the year. Vivo Tutto, Swisscom’s nationwide bundled offering that includes mobile access lines and launched in August, had attracted 613,000 customers at the end of the year.
Swisscom’s Italian subsidiary Fastweb saw revenues decrease 7.1% or €134 million year-on-year to €1.746 billion. Swisscom said price pressure remained strong due to intense competition, resulting in a 10% decline in revenue per broadband customer. Towards the end of the first quarter of 2011, Fastweb launched a new bundled product for satellite TV and broadband internet in partnership with Sky Italia. In 2011, 71,000 customers signed up for this offering, including 34,000 in the fourth quarter.
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