Liberty Global to spin off 100% of Swiss Sunrise to shareholders

Liberty Global is to spin off 100% of Swiss operating company Sunrise to shareholders. The company says the spin-off “aims to maximize shareholder value by unlocking the fully distributed value of Sunrise over time, supported by Sunrise’s fully integrated FMC challenger position, attractive growth outlook, excellent expected cash generation and experienced management team”. The international […]

Sunrise confirms redundancies

Liberty Global-backed Swiss operator Sunrise has confirmed it is making 166 staff redundant as it attempts to cut costs and implement what it describes as a leaner company structure. The redundances follow a consultation process that resulted in an initial plan to make 180 staff redundant was scaled back to the 166 announced today. The […]

Sunrise adds Apple TV+ to set-top offering

Liberty Global-backed Swiss operator Sunrise has become the first in the country to launch Apple TV+ on its TV service with an integrated app. Apple TV+ is now available as an integrated app and can be used for CHF10.90 per month. All customers with a current Sunrise IPTV Box or Sunrise TV Box (2018 or […]

Liberty Global’s Sunrise plans to cut 200 jobs

Liberty Global-owned’s Swiss telco company, Sunrise, has outlined plans to cut 200 jobs as part of an aim to streamline the company’s structures, following its merge with UPC in 2021.  A variety of leadership positions will be cut by mid-January to the end of March 2024 at the latest, with reductions expected to lead to […]

Swiss court rules against UPC in ice-hockey case

The Swiss Federal administrative court has confirmed a ruling by the country’s competition watchdog that Liberty Global-owned UPC Switzerland abused its dominant position in broadcasting Swiss ice hockey during the period when it held the rights. The court confirmed the ruling by competition regulator COMCO that UPC Switzerland, now Sunrise, had occupied a dominant position […]

Liberty Global’s Fries: ‘Grinding’ European telecoms industry needs consolidation

The European telecoms business is badly in need of consolidation, according to Liberty Global CEO Mike Fries. Speaking at the Morgan Stanley’s European Technology, Media & Telecom Conference in Barcelona, Fries said that the European telecoms space remained highly fragmented compared with other parts of the world, and that action is needed to fix this. […]

Liberty Global falls short as price hike hits customer numbers

Liberty Global’s third-quarter earnings and revenue have fallen short of analysts’ expectations, with the cable giant posting a rebased sales drop of 4.3% to US$1.85 billion and a drop in earnings of 66.2% to US$822.7 million. Liberty Global’s adjusted EBITDA dropped 16.9% on a rebased basis to US$597.7 million. The drop in revenue came despite […]

Liberty Global’s Rodriguez: fibre more cost-efficient, DOCSIS 3.1 still has potential

Fibre offers a “significantly more cost efficient” upgrade path for cable “than both DOCSIS 3.1 and DOCSIS 4.0,” according to Liberty Global CTO Enrique Rodriguez, while DOCSIS 3.1 is in certain circumstances able to deliver ultra-fast bandwidth to suit current and predicted future demand. Speaking on a Morgan Stanley CTO Symposium webinar yesterday, Rodriguez said […]

Severina Pascu to step down from Sunrise role

Liberty Global veteran exec Severina Pascu is to step down as deputy CEO and chief consumer officer of Sunrise, the group’s Swiss joint-venture operating subsidiary. Pascu, who will step down on October 1, will remain in an xecutive advisory role for six months. She will also remain with Liberty Global as a member of the […]

wedotv lands on oneplus and Sunrise in Switzerland

Swiss-based AVOD and FAST channel platform wedotv has launched on CH Media Entertainment’s oneplus streaming platform and Liberty Global telco operator Sunrise in Switzerland. CH Media Entertainment is Switzerland’s largest private broadcast group. The company recently launched streaming platform oneplus offers a range of programming  from films, TV series, documentaries and live sports highlights. As […]

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