... AND ITS FORTHCOMING STOCK MARKET FLOATATION

The initial Swisscom share issue, open to private investors, is due to be launched in mid-September and will be divided between four areas (Switzerland, North America, the United Kingdom and the rest of the world). Swisscom shares will be quoted on the NYSE (New York Stock Exchange). The privatisation process was launched on January 1 but capital has thus far remained entirely in the hands of the Swiss Federation. Swisscom has indicated that it will strive in future to...