The company's purpose is to provide telecommunications services, as well as to develop and distribute hardware and software of all kinds, and internet services. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may grant loans or other financing to third parties, including its direct or indirect parent companies, as well as their direct or indirect subsidiaries, and provide security of all kinds for the liabilities of such other companies, including by way of pledges on or fiduciary transfers of the company's assets, or guarantees of any kind, whether against payment or not.