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Tag: sunrise
Liberty Global to acquire Sunrise Communications by tender offer
2020-08-12 07:30:55| Digital TV News
Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has announced that, in agreement with Sunrise Communications Group (SIX: SRCG), it will make an all cash public tender offer for the shares of Sunrise.
Tags: offer
global
communications
acquire
Liberty Global acquiring Sunrise for $7.4bn
2020-08-12 02:00:00| Total Telecom industry news
Today, Liberty Global has announced that it will be purchasing Swiss operator Sunrise Communications for a sum of 6.8 billion Swiss francs (around $7.4 billion). The deal comes as something of a role reversal for the two companies; just last year, Sunrise was preparing to spend just over $6 billion to purchase Swiss cable unit UPC from Liberty Global…read more on TotalTele.com »
Tags: global
liberty
sunrise
acquiring
Sunrise vies to grab a slice of the home entertainment market
2020-06-25 02:00:00| Total Telecom industry news
In March Sunrise became the first Swiss telecom provider to offer Internet and TV devices with an installment payment plan and now claim that around half of the country buy their Internet and TV devices through their telecommunications provider…read more on TotalTele.com »
Tags: home
market
entertainment
grab
Salt, Sunrise to start joint venture to roll out fibre broadband in Switzerland
2020-05-19 09:28:00| Telecompaper Headlines
(Telecompaper) Swiss operators Salt and Sunrise announced plans to partner on rolling out fibre broadband services. They will set up a joint venture company to manage the roll-out of the broadband network, called Swiss Open Fiber. The roll-out is expected to begin in the fourth quarter of this year. Swiss Open Fiber plans a total investment of up to CHF 3 billion over the next 5-7 years to reach 1.5 million households in areas of Switzerland not adequately supplied with broadband.
Tags: start
roll
joint
switzerland
Sunrise records revenues growth in Q4, EBITDA hit by failed UPC takeover
2020-02-27 09:38:00| Telecompaper Headlines
(Telecompaper) Swiss operator Sunrise said that its revenues increased by 5.2 percent year-on-year in Q4 2019 to CHF 511 million, including IFRS 16 standards. Service revenues increased by 5.2 percent too during the period to CHF 400 million as result of mobile postpaid, internet, TV and B2B revenue growth. Mobile service revenues grew 2.7 percent year-on-year in Q4 to CHF 342 million, fixed line service revenues rose by 10.7 percent to CHF 89 million and fixed line internet revenues by 10.4 percent to CHF 80 million.
Tags: records
hit
growth
failed