Steffi Buchli, the director of programming and presenter on MySports, the sports service from Liberty Global’s Swiss unit UPC Switzerland, is to leave this summer ahead of taking up a post as chief editor for sport at the Blick Group publishing outfit, part of the Ringier Group, from January 2021. UPC said that she Buchli […]
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 […]
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 […]
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 […]
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 […]
Sunrise’s CHF6.3 billion deal to acquire UPC Switzerland from Liberty Global hangs in the balance after the former announced it has cancelled a planned EGM on October 23. The company had initially scheduled an EGM to approve the announced reduction in the size of the rights issue planned to finance its acquisition of UPC Switzerland. […]
Freenet, the largest shareholder in Sunrise, is still opposed to the Swiss service provider’s deal to buy Liberty Global’s UPC Switzerland, despite a new offer from the US seller to take part in the deal. With Freenet vocally opposed to the deal for months, Liberty Global attempted to smooth things over by announcing an agreement […]
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 […]
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