Form 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer
Pursuant to Rules 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

Dated: ~~May~~July 1006, 2007

Swisscom AG

(Translation of registrant’s name into English)

Alte Tiefenaustrasse 6
3050 Bern, Switzerland
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F þ Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______

Press ~~release~~Release

~~European~~Swisscom ~~Commission~~to ~~approves~~withdraw from the ~~contemplated~~New ~~acquisition~~York ofStock ~~Fastweb by Swisscom~~Exchange

~~Swisscom~~As ~~has~~in ~~taken~~the ~~another~~case ~~hurdle~~of inother ~~the~~leading ~~Fastweb~~Swiss ~~acquisition~~companies, ~~process:~~Swisscom ~~Today~~is ~~the~~also ~~EU commission~~planning ~~gave~~to delist its shares ~~unconditional~~and ~~approval~~American ~~and~~Depositary ~~allows~~Shares, ~~Swisscom~~traded as American Depositary Receipts (ADRs), from the New York Stock Exchange (NYSE) and to ~~take~~deregister ~~control~~the ofcompany ~~Fastweb~~with the U.S. ~~With~~Securities and Exchange Commission (SEC). The main reasons behind this, ~~another~~decision ~~relevant~~are ~~condition~~the ~~mentioned~~low trading volume in the ~~offer~~US, ~~document~~the relatively ~~has~~high ~~been~~administrative ~~fulfilled~~expenses and the recent simplification of the deregistration process by the SEC. The ~~offer period~~withdrawal is ~~still~~expected ~~ongoing~~to ~~until~~take 15place ~~May~~ in the course of 2007.

~~The~~To ~~European~~carry ~~Commission~~out ~~informed~~the ~~Swisscom~~delisting, ~~that~~the itcurrent ~~had~~ADR noprogramme ~~objection~~in USD is to ~~the~~be ~~planned~~converted ~~acquisition~~from ofLevel 3 to Level 1 for over-the-counter ~~control~~(OTC) trading. Current holders of ~~the~~ADRs ~~Fastweb~~will ~~S.p.A.,~~be anable ~~Italian~~to ~~company,~~retain bytheir shares or exchange them for ordinary Swisscom ~~through~~AG ashares ~~tender~~in ~~offer~~CHF. onSwisscom will be maintaining its 78listing on the SWX Swiss Exchange in Zurich,~~128,095~~ ~~outstanding~~with ~~shares~~trading ofon the ~~company~~virt-x in London.

~~The~~Once ~~unconditional~~the ~~approval~~programme byhas been modified, Swisscom anticipates applying for the ~~European~~deregistration ~~Commission~~of securities ~~has~~in ~~been~~accordance ~~another~~with ~~important~~the ~~hurdle~~US toSecurities ~~take~~Exchange ~~for Swisscom~~Act using Form 15F. InThe ~~addition~~Swiss telecommunications tofull-service ~~the~~provider ~~above,~~will ~~the~~then ~~following~~no ~~conditions~~longer ~~have~~be ~~already~~obliged ~~been~~to ~~fulfilled:~~carry ~~Mr.~~out reporting in ~~Silvio~~accordance ~~Scaglia~~with ~~tendered~~the ~~his~~US ~~entire~~Securities ~~participation,~~Exchange ~~equal~~Act toand ~~approximately~~will ~~18.7%~~be ofexempt ~~Fastweb’s~~from ~~share capital,~~the toprovisions ~~Swisscom.~~of Onthe Sarbanes-Oxley 12Act. ~~April 2007~~However, ~~the~~Swisscom ~~Swiss~~will ~~Competition~~continue ~~Commission~~to ~~gave~~publish ~~its~~the ~~green~~information ~~light~~required ~~for~~in ~~the~~accordance ~~contemplated~~with ~~acquisition~~Rule 12g3-2(b) asof itthe ~~would~~US ~~neither~~Securities ~~create~~Exchange ~~nor~~Act ~~strengthen~~in aEnglish ~~market~~on ~~dominant~~its ~~position~~website.

~~Swisscom~~Only ~~bids~~low ~~EUR~~trading 47volume ~~for~~in ~~each~~US ~~Fastweb share~~ — ~~offer~~high ~~period~~administrative ~~expires on 15 May 2007~~expenses

~~The~~Mario ~~Offer~~Rossi, ~~remains~~CFO ~~subject~~of to the ~~conditions~~Swisscom ~~described~~Group, inexplains the ~~prospectus~~reasons tobehind the ~~extent~~intended ~~they~~action: ~~have not~~“The ~~yet~~trading ~~been~~volume ~~satisfied.~~for ~~As stated in the offer document,~~ Swisscom ~~may~~securities ~~waive~~is ~~certain~~low ofin ~~those conditions and reserves~~ the ~~right,~~US ~~until~~compared 8with ~~AM on~~ the ~~day~~virt-x ~~following~~in ~~the expiration of the offer period~~London, to ~~waive~~accounting ~~the~~for ~~condition~~less ~~that more~~ than 503% ofas ~~Fastweb~~an ~~shares~~annual beaverage. ~~held~~And byit ~~the~~will ~~Swisscom~~still ~~group~~be ~~upon completion~~possible offor ~~the~~us ~~tender offer and can proceed~~ to ~~purchase a lower number of Fastweb shares in~~approach ~~order~~certain toUS ~~acquire~~investors within the ~~“de~~framework ~~facto” control~~ of ~~Fastweb.~~private ~~The offer period is still ongoing until 15 May 2007~~placements.”

~~Finally,~~The ~~considering~~SEC ~~that,~~recently ~~pursuant~~made toit ~~Italian~~easier ~~laws~~to deregister and ~~regulations~~therefore to terminate the reporting obligations under the US Securities Exchange Act. This prompted Swisscom to take the decision to delist from the NYSE, ato ~~competing~~convert ~~offer~~its ~~could~~ADR programme and to have itself deregistered by the SEC. Consequently, it ~~been~~will ~~published~~no uplonger toincur, 5in ~~business~~particular, ~~days~~the ~~prior~~high administrative expenses and other costs associated with the US listing. The company intends to maintain the ~~closing~~current high standard of ~~the~~corporate governance ~~acceptance~~and ~~period~~its transparency towards shareholders, which is also possible without the ~~term~~US ~~for~~listing ~~the~~and ~~publication~~is ofalready ~~such~~guaranteed ~~competing~~under ~~offer~~the ~~prospectus~~stock ~~elapsed~~exchange onregulations ~~May~~that 8in ~~last~~any case apply to Swisscom.

~~Subject to the terms described in the offer document,~~ Swisscom ~~will~~is ~~pay~~planning to ~~each~~announce ~~shareholder tendering its Fastweb shares an amount of EUR 47 per share. As~~ a ~~strategic~~precise ~~partner~~timetable ~~committed to the long term, Swisscom is investing in Fastweb with the clear objective of further exploiting the Fastweb competitive advantages~~ and ~~technological~~other ~~lead~~details aswhen ~~well~~it aspublishes ~~expanding~~ its ~~portfolio of~~ ~~offerings.~~half-year ~~Fastweb’s~~results ~~board~~on of8 directors has ruled in favour (“espresso parere favorevole”) of the tender offer having been launched by Swisscom, after taking into account the fairness opinions provided by its financial advisorsAugust 2007.

~~www.swisscom.com/fastweb~~Berne, 6 July 2007

Berne, 10 May 2007

Swisscom AG
Group Media Relations	Phone	+41-31-342 91 93	www.swisscom.com
3050 Bern	Fax	+41-31-342 06 70	media@swisscom.com

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Swisscom AG
Dated: May 10, 2007	by:	/s/ Rolf Zaugg
Dated: July 06, 2007	by:	/s/ Rolf Zaugg
	Name:	~~Rolf Zaugg~~	Rolf Zaugg
	Title:	~~Senior Counsel Head of Capital Market & Corporate Law~~	Senior Counsel Head of Capital Market & Corporate Law

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