Swisscom (OTC:SCMWY) Upgraded by New Street Research to “Hold”

Swisscom (OTC:SCMWYGet Free Report) was upgraded by investment analysts at New Street Research to a “hold” rating in a note issued to investors on Monday, Zacks.com reports.

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About Swisscom

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Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.

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