Telecoms provider records highest profit yet

Switzerland’s second biggest telecoms company, Sunrise, is reporting a big jump in profit and sales for 2012.

Telecoms provider records highest profit yet
Sunrise has made its highest profit ever.

Operating profit jumped by 3.9 percent to 631.1 million francs from the previous year – the highest level in the company’s history.

The biggest growth driver was the mobile phone segment, the Zurich-based company reported on Friday.

Sales rose 4.2 percent to 2.07 billion francs, the telecoms provider said in a statement.

In the mobile phone business sales rose 2.9 percent to 1.3 billion francs.

At the end of December, 1.18 million people had a mobile contract with Sunrise – up 6.9 percent on 2011.

Growth was even higher in the fixed-line segment, where sales were up 8.3 percent at 579.7 million.

By contrast, turnover in the internet business rose a modest 1.1 percent to 178.2 million.

Almost a year after launching its TV business, Sunrise released figures for the fist time.

These showed that by the end of December the company had 38,000 customers, with over 8,000 customers having ordered Sunrise TV.

Sunrise CEO Libor Voncina said the result was remarkable given the tough competition in the Swiss market.

The 49 year old has been at the helm of the company for just two months ago, after replacing Oliver Steil who left the company unexpectedly, the Swiss news agency SDA reported.

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Swiss rail to close ticket counters in Zurich, Bern, Vaud, Ticino and Zug

Switzerland’s Federal Railways (SBB) will be removing the ticket counter from nine stations in the cantons of Zurich, Vaud, Bern, Zug and Ticino

Swiss rail to close ticket counters in Zurich, Bern, Vaud, Ticino and Zug

The SBB made the announcement on Wednesday, saying the decision was made due to a lack of demand. 

Instead, commuters will need to buy tickets from automated machines. 

In the canton of Zurich, the ticket stations in Dietlikon, Hinwil, Kloten, Männedorf and Oberwinterthur will be closed. 

In neighbouring Zug, Cham’s ticket counter will be closed, while the Herzogenbuchsee station in Bern will also go fully automated. 

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In Latin Switzerland, Pully in Vaud and Biasca in Ticino will see their ticket counters closed. 

The SBB told Swiss news outlet Watson that approximately 95 percent of ticket sales are now made via self-service machines or online. 

The advent of navigation apps has meant the need for personal advice on directions and travel has fallen, particularly in smaller areas or stations with lower traffic.