With a mobile service market share of 58.8 percent, a landline market share of 60.3 percent and a broadband market share of 52.8 percent, Swisscom is the clear market leader in the Swiss telecom service sector.
A majority of Swisscom shares are held by the Swiss Confederation. Swisscom was established in 1997 from the telecom subsidiary of the Swiss Post, Telephony and Telegraph company (PTT). Swisscom runs its own landline and mobile networks, among other activities. It is obligated to provide basic telecommunications services across Switzerland. This means that Swisscom is required to provide landline and broadband connections (3 Mbps download, 0.3 Mbps upload) to any resident of Switzerland (including those in remote locations) upon request.
Swisscom offers its services under the Swisscom brand, as well as under the M-Budget (in collaboration with Migros), SimplyMobile and Wingo brands.