The city of Carouge in the canton of Geneva has sold its 51% share in Télécarouge SA to UPC cablecom.
Liberty Global’s UPC cablecom already held a 45% share in Télécarouge, which serves 8,000 homes.
Nicolas Walder, member of Carouge City Council, is happy about this decision: “UPC cablecom already has experience of managing Télécarouge, and thanks to its expert knowledge we are ensuring the long-term sustainability of our cable network. Customers stand to benefit from simplified offers and first-rate products and services.”
By completely taking over Carouge’s cable network, UPC cablecom is expanding its footprint and enhancing its market position in French-speaking Switzerland.
Last year, the company took over Télémeyrin SA. Geneva City Parliament has approved a purchase agreement between the city of Geneva and upc cablecom concerning Geneva’s cable network. A referendum has been called and, if it takes place, voters will decide on the matter within the next year.