Swisscom wins appeal in fibre-optic case, $21.6 million fine overturned

Oct 13 (Reuters) - Swisscom SCMN.S said on Tuesday a court upheld its appeal against the Swiss competition watchdog's 2023 ruling that the telecom firm abused its market dominance in a fibre-optic case, overturning a fine of 18 million Swiss franc ($21.6 million).

• The case relates to a probe opened by the Swiss Competition Commission in late 2020 into Swisscom's fibre-optic expansion on grounds it could exclude competitors and lead to the abuse of its leading market position

• The Federal Administrative Court ruled on Tuesday that Swisscom did not breach competition law and that the company does not hold a dominant position in the market as alleged by the competition watchdog

• Swisscom said it would review the judgment and assess implications for future network expansion

• The judgment is still subject to appeal before the federal court

• Swisscom's financial outlook for the 2026 financial year remains unchanged, the company said

($1 = 0.8327 Swiss francs)