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Shareholders' Letter

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Disclosures by geographical regions<br />

Swisscom’s operations are conducted mainly in Switzerland, where it provides a comprehensive<br />

range of telecommunication services. Business activities abroad mainly relate to Fastweb and<br />

Swisscom Hospitality Services. Fastweb primarily provides fixed-network and IP-based services in<br />

Italy. Swisscom Hospitality Services is a provider of broadband and Internet-based solutions for<br />

hotel guests in virtually all of Europe and the United States. Net revenues and assets are classified<br />

according to regions. Net revenues and assets are allocated according to the registered office of<br />

the related Group company.<br />

2010 2009<br />

Net Net<br />

In CHF million revenue Assets revenue Assets<br />

Switzerland 9,340 13,147 9,119 12,861<br />

Italy 2,570 6,548 2,791 7,790<br />

Other countries in Europe 67 238 78 209<br />

Other countries outside Europe 11 13 13 16<br />

Unallocated – 1,121 – 1,268<br />

Total 11,988 21,067 12,001 22,144<br />

Disclosures by products and services<br />

In CHF million 2010 2009<br />

Mobile telephony 3,549 3,433<br />

Fixed network 6,229 6,665<br />

Other 2,209 1,902<br />

Unallocated 1 1<br />

Total net revenue 11,988 12,001<br />

The products and services offered by each operating segment are described in Note 3.17.<br />

Significant customers<br />

Swisscom has a large number of customers. There are no material relationships with individual<br />

customers.

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