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 […]
4K UHD HDR channel Insight TV has launched on UPC Switzerland’s platform, expanding its reach in the Swiss market, where it is available on all three other major platforms. The launch means that UPC subscribers will be able to view 4K UHD content including Street Kings in Jail, esports show Modern Day Gladiators and Ghost […]
Swisscom has launched a new TV box that will serve as a smart home control centre with an integrated voice assistant. Swisscom has also revamped its TV user interface as part of the launch. The new box comes with a new voice assistant that can be used to control the TV, including switching channels, launching […]
Video subscriber losses at Virgin Media contributed in no small way to pushing down Liberty Global revenue-generating unit count in the third quarter. The cable giant lost 76,300 RGUs overall in the quarter, taking the total losses for the year-to-date to 80,400. Virgin Media’s RGU losses amounted to 53,000 for the quarter, which the company […]
Swiss operator Sunrise has extended the availability of what it describes as the first live 4K OTT TV app in the country. The OTT service is now available on Samsung smart TVs, and customers signing up to Sunrise TV neo max along with a Sunrise internet subscription will receive a new 55-ience Samsung TV “as […]
Swiss service provider Swisscom saw modest but solid growth in its TV base in the third quarter, adding 11,000 new customers, which contributed to an overall rise of 30,000 or 2% in the TV total year-on-year. The quarter also saw a modest return to growth in fixed broadband, with 3,000 new customers. Overall, Swisscom’s residential […]
Swiss service provider Sunrise has suffered another setback to its efforts to secure shareholder approval for its planned acquisition of Liberty Global-owned UPC Switzerland. According to Reuters, proxy adviser ISS has recommended shareholders to vote against the revised rights issue proposed by the operator to finance the acquisition, citing a note sent to its clients […]
Sunrise is gaining shareholder support for its troubled agreement to buy UPC Switzerland from Liberty Global, which remains a “fantastic” opportunity to realise synergies and drive consolidation in the Swiss market, according to Sunrise CEO Olaf Swantee. Speaking to CNN, Swantee said that 75% of shareholders now back the revised capital increase planned by the […]
Swiss telco Sunrise has announced a reduction in the size of the rights issue planned to finance its troubled acquisition of UPC Switzerland in a bid to secure shareholder approval for the deal. The telco is to reduce the size of the rights issue by CHF1.3 billion (€1.2 billion) to CHF2.8 billion ahead of a […]
Liberty Global’s agreement with Sunrise to divest its UPC Switzerland unit “makes tons of sense” and it is up to the Swiss telco to “manage its shareholder base” and see the deal through, according to Liberty president and CEO Mike Fries. Speaking at the Goldman Sachs Communacopia conference in New York, Fries said that Liberty […]
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