Swisscom: Competition Limits Margin Wins After Rollouts

Group 1 - The Value Lab focuses on long-only value investment ideas, aiming for a portfolio yield of about 4% and has performed well over the last 5 years by engaging in international markets [1][2] - Swisscom is less burdened by capital expenditures (CAPEX) compared to previous analyses, with a specific mention of the Italian segment led by Fastweb being a significant investment focus [2] - The Valkyrie Trading Society consists of analysts sharing high-conviction investment ideas that are expected to yield non-correlated and outsized returns in the current economic environment [3]