Liberty Global has agreed to acquire Swiss telecom operator Sunrise in a move that completely turns around its failed sale of UPC Switzerland to Sunrise last year. Liberty has agreed agreed to make an all cash public tender offer for all publicly held shares of Sunrise at a price of CHF110 per share, representing a […]
Swiss operator Sunrise has launched a number of installment plans for internet devices and TV sets in a first for the local market. The operator has distribution deals in place with a number of brands to offer products such as Samsung TVs, Sonos Soundbars, Apple TVs and Apple iPads. Customers previously had to purchase these […]
Swiss telco Sunrise has taken over streamer Wilmaa, describing the company as a pioneer in web TV that offers OTT television for smartphones, tablets, PCs and TV sets. Sunrise said that Wilmaa’s technology platform would enable it to develop its OTT TV offers further. Customers will benefit from the most innovative TV experience on the […]
Swiss service provider Sunrise has teamed up with rival alternative provider Salt to create a JV to deploy FTTH networks across the country. The new company, Swiss Open Fiber, will be co-owned by Salt and Sunrise with equal shareholding alongside another prospective equity partner. The goal is for Swiss Open Fiber to reach 1.5 million […]
Following its failed sale to Sunrise, Liberty Global’s UPC Switzerland has announced that Severina Pascu will hand over the role of CEO to Baptiest Coopmans, who will assume the position on February 1. UPC praised Pascu, who has been in the role for a little under 18 months, for successfully implementing its growth plan, adding […]
Swiss service provider Sunrise has named Uwe Schiller, previously SVP of finance and investor relations as its new CFO with immediate effect, following the appointment of former CFO André Krause as CEO. Schiller has 20 years’ experience within Sunrise, having held management positions in networks before joining the finance department in 2003. He played a key […]
Sunrise Switzerland CEO Olaf Swantee has resigned from his role following the failed CHF6.3 billion (€5.67 billion) acquisition of Liberty Global’s UPC Switzerland. Chairman Peter Kurer and vice chair Peter Schöpfer also announced that they will not run for re-election. Both Kurer and Swantee were the public figures pushing for the deal and were left humiliated […]
Liberty Global has put to bed any idea of resuming talks with Sunrise over the latter’s proposed acquisition of UPC Switzerland. The US operator has issued a statement officially terminating discussions surrounding the sale of UPC Switzerland to Sunrise. While the statement is conclusive, it does not indicate that Liberty holds any ill will towards […]
Smart home services platform provider Plume has announced two new deals with VOO and Sunrise. The vendor earlier this year signed deals in the UK with TalkTalk and Virgin Media. The agreement with VOO will see subscribers in Belgium offered VOO WiFi+, a smart home service offering that has been designed to “improve, personalise and […]
Sunrise has officially ended its interest in acquiring Liberty Global-owned UPC Switzerland. While both parties were keen on the CHF6.3 billion (€5.67 billion) deal, repeated opposition from Freenet – which holds a 24.5% stake in Sunrise – ultimately proved to be its undoing. The company had initially scheduled an EGM to approve the announced reduction […]
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