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Sunrise sees 52% jump in net income, adds 41,400 mobile postpaid customers in Q3

2019-11-13 09:36:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise said that its service revenues, excluding hubbing and hardware, rose by 2 percent to CHF 393 million in the third quarter of this year thanks to mobile postpaid, internet, TV and B2B revenue growth.

Tags: in net mobile jump

 

Last week in telecoms: reversals at Sunrise and Liberty Global, Drillisch and United, infrastructure shares lead in 2019

2019-10-28 07:01:00| Telecompaper Headlines

(Telecompaper) A couple of profit warnings from Germany and a failed merger from Switzerland pulled down the telecoms sector, last week. The Telecompaper European Telecoms Services index ended week 43 down 0.7 percent, versus a 1.3 percent gain for the EuroStoxx 50 index. Tele Columbus was the biggest winner on news of attracting a new large shareholder.

Tags: in united week global

 
 

Sunrise says UPC Switzerland takeover deal 'dead'

2019-10-22 15:43:00| Telecompaper Headlines

(Telecompaper) The acquisition of UPC Switzerland by Sunrise is unlikely to go ahead. Liberty Global said in a statement that it supports the decision of Sunrise to cancel the extraordinary general meeting scheduled for 23 October.   

Tags: deal dead switzerland sunrise

 

Sunrise cancels EGM as no majority on capital increase for UPC takeover

2019-10-22 08:54:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise said it cancelled the extraordinary general meeting scheduled for 23 October to authorize the capital increase of CHF 2.8 billion to finance the acquisition of UPC Switzerland.  

Tags: increase capital majority sunrise

 

Last week in telecoms: earnings season kicked off, Liberty Global steps in to save Sunrise deal, BT starts brand campaign

2019-10-21 07:00:00| Telecompaper Headlines

(Telecompaper) The Telecompaper European Telecom Services index ended week 42 up 1.2 percent, ahead of the EuroStoxx 50 index (+0.3%). Tele Columbus gained 14 percent in an apparent recovery. Earnings season was kicked off and a number of M&A deals moved forward. Private company Eir, controlled by Iliad's founder, launched an aggressive promotion on the Irish mobile market and BT kicked off a large brand campaign.

Tags: save week global brand

 

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