Vodafone and Deutsche Telekom vie for stake in Swisscom

A share of Swisscom's mobile phone division might be up for grabs Keystone

The German telecommunications company and the British mobile group are both looking to buy 20 to 25 per cent of Swisscom's mobile phone division, according to the German magazine "Der Spiegel."

This content was published on October 22, 2000 minutes

Vodafone has reportedly made the better offer so far.

A spokesman for Swisscom, Christian Neuhaus, said the company has held talks with several bidders but he refused to comment on industry rumours. There has been speculation that a decision could come by the end of the month.

A stake in Swisscom Mobile would allow either Vodafone or Deutsche Telekom to participate in the next bidding round for third generation mobile telecommunications licences (UMTS), which will take place on November 13.

The successful bidder would be able to acquire even more shares in Swisscom Mobile if the Swiss government decides to reduce its own shareholdings. It currently holds a 65.5 per cent stake in Swisscom.

swissinfo with agencies

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Share this story

Change your password

Do you really want to delete your profile?