Swisscom AG is a major telecommunications provider in
Switzerland. Along with
Swiss Post, it is a successor company to the former state-owned PTT (Post, Telegraph and Telephone). Its headquarters are located at
Worblaufen near
Bern. The Swiss Confederation owns 51.0 percent of Swisscom AG. As of the end of 2014, Swisscom had around 21,000 employees and generated revenues of approximately CHF 12 billions.