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Liberty Global to take part in capital increase to finance Sunrise takeover of UPC Switzerland
2019-10-14 09:31:00| Telecompaper Headlines
(Telecompaper) Swiss operator Sunrise announced that Liberty Global will invest up to CHF 500 million in a combination of tradable rights and subsequent subscription of newly issued shares in the capital increase to finance the acquisition of UPC Switzerland. This was a demand of some Sunrise shareholders, who found the price of the takeover too high, and called for Liberty Global to share in the risk of merging the two operators.
Tags: part
increase
global
finance
Proxy adviser ISS recommends rejecting Sunrise capital increase to finance UPC purchase - report
2019-10-10 16:08:00| Telecompaper Headlines
(Telecompaper) Proxy adviser ISS is recommending that shareholders of Sunrise reject the proposal for a capital increase to finance the takeover of UPC Switzerland at the next Extraordinary General Meeting on 23 October, Reuters reports, citing a report sent to clients.
Tags: report
increase
purchase
finance
Huawei, Sunrise reach milestone 3.67 Gbps downlink speed over 5G commercial network
2019-10-10 14:21:00| Telecompaper Headlines
(Telecompaper) Huawei announced that it has achieved a new milestone of 3.67 Gbps downlink with multiple 5G smartphones during a test conducted over the commercial network of Sunrise.
Tags: network
commercial
speed
reach
Sunrise and Huawei hit 3.67Gbps in Swiss 5G speed tests
2019-10-10 02:00:00| Total Telecom industry news
Swiss operator, Sunrise, has achieved speeds of 3.67Gbps across its 5G network, in a series of tests with Huawei. The successful speed test marks a new milestone in the pair's efforts to maximise performance on one of Europe's first 5G network…read more on TotalTele.com »
Last week in telecoms: MasMovil benefits from Orange Spain deal, Sunrise reduces rights issue and KPN appoints new CEO
2019-10-07 07:01:00| Telecompaper Headlines
(Telecompaper) MasMovil was the biggest winner in Europe's telecoms sector, last week, up 22 percent. Our European Telecoms Services index closed week 40 with a small loss of 0.8 percent, beating the EuroStoxx 50 index which was down 2.8 percent. The weakest stocks included micro caps Forthnet, down 11 percent, and Go Internet, losing 8.6% after reporting its H1 results.
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