German operator, and Sunrise’s largest shareholder, Freenet will vote against the telco’s proposed takeover of UPC Switzerland. Freenet, which owns a 24.5% stake in Sunrise, issued a statement that said: “Freenet is not satisfied with Sunrise’s acquisition of UPC Switzerland for a purchase price of CHF6.3 billion (€5.8 billion) and decided to vote against the […]
Switzerland’s competition watchdog is to launch an in-depth examination of telecom operator Sunrise’s planned acquisition of UPC Switzerland from Liberty Global. Sunrise said the announcement of the detailed probe of the deal by COMCO/WEKO was in “in line with [its] expectation”. COMCO said that its preliminary look at the deal had revealed some indications that […]
Swiss service provider Sunrise says it has been “broadly supported” its acquisition of Liberty Global’s Swiss unit by investors and expects the deal to be closed in the fourth Quarter following a final regulatory approval. Sunrise CEO Olaf Swantee has already said he believed the deal could win shareholder approval despite resistance from the company’s […]
Liberty Global-owned UPC Switzerland’s sports service MySports has extended its cooperation agreement with regional TV channel TeleTicino for another year, giving the service continued live access six qualifying round matches between top ice-hockey teams HC Lugano and HC Ambri-Piotta in the 2019-20 season. “We are proud of the fact that the positive cooperation between MySports […]
Liberty Global’s Swiss unit UPC Switzerland, currently in the process of being sold to local alternative telco Sunrise, has launched a series of new offers targeted at businesses. UPC Switzerland is offering six packages with up to 1 Gbit/s upload and download speeds, including a 20% discount on mobile subscriptions. The Internet speed for the […]
Liberty Global has agreed to sell its wholly-owned Swiss operation, UPC Switzerland, to local operator Sunrise for a total enterprise value of CHF 6.3 billion (€5.6 billion). The deal will establish Sunrise – which is Switzerland’s number two player in mobile, TV, fixed broadband and fixed voice behind Swisscom – as the “leading converged challenger” […]
Swiss telecom provider Sunrise has confirmed that it is in talks with Liberty Global over a possible acquisition of UPC Switzerland, following press reports. “Sunrise confirms it is in discussions with Liberty Global regarding a possible acquisition of UPC Schweiz,” the telco said, adding that it would only pursue a transaction “that is strategically compelling […]
Swiss mobile telco Sunrise is in advanced talks to acquire Liberty Global’s Swiss unit UPC Switzerland, according to the Financial Times, citing unnamed sources. According to the FT, the talks are still at a stage where they could fail. A sale of Liberty Global’s Swiss unit would mark a fresh step towards a potential exit […]
Liberty Global-owned Swiss cable operator UPC Switzerland is launching what it says is the first eSports channel in the country in German, eSports1, on its platform this week. eSports1 will go live on Thursday as part of the operator’s MySports Pro premium offering which will carry the channel exclusively. MySports already broadcasts and weekly eSports […]
Liberty Global’s sale of assets marks “a pretty important inflection point for European cable” following a period of organic and acquisition growth for the company, according to CEO Mike Fries, speaking at the UBS Global Media and Communications Conference yesterday. He said that cable in Europe now faces telecom competitors that are “pretty darn good […]
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