Swisscom sets stall for Xmas debitel sale

7 Nov 2003

Swisscom is said to be forging ahead with the EUR1 billion sale of wireless services reseller debitel, which operates in Germany, the Netherlands, France, Denmark and Slovenia. The Swiss PTO acquired its 93% holding over the period 1999-2001 for around EUR2.7 billion, but has since written down its value to EUR1.2 billion.