Report
Russell Waller
EUR 8666.00 For Business Accounts Only

Salt/Matterhorn (Equal Weight) Q3 25/Swiss market update: Price problems remain (but Salt outperforming)

Salt has reported a solid set of results; SR growth is a touch lower, but underlying EBITDAaL growth is unchanged ex one-offs. On the call, Salt warned about how current pricing dynamics at the low end risked spilling over into the mid and high end, and we look at these dynamics in more detail in this report, including a look at how migrations to sub-brands are likely to drag down APRU and market SR trends going forward
Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Russell Waller

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