The purpose of the company is the construction, distribution, operation and maintenance of telecommunications networks and the development, manufacture, distribution and maintenance of telecommunications equipment, as well as the provision of related services in Switzerland. The company may establish branches, participate in other domestic and foreign companies, acquire or merge with similar or related companies, acquire or sell real estate, and engage in all commercial, financial and other activities that are suitable to promote the purpose of the company or are directly or indirectly related to it. Furthermore, it may order securities and provide guarantees for its shareholders or other group companies, as well as grant loans to its shareholders or other group companies.