Swiss telecommunications company Salt considers suing Sunrise, arguing that its competitor’s sale to Liberty Global would be in breach of an agreement signed months earlier.
Liberty Global has introduced what it describes as its “greenest-ever set-top box”.
After the failed acquisition of Swiss cable operator UPC by local telco Sunrise, UPC parent company Liberty Global is now turning the tables and wants to take over Sunrise.
Liberty Global saw revenues decline by 4.5% in the second quarter as the TV and broadband operator felt the effects of the coronavirus pandemic.
The Competition and Markets Authority is to ask the European Commission to take full control of the review into the merger of Liberty Global’s Virgin Media and Telefonica’s O2.
Olaf Swantee, former CEO of Swiss telco Sunrise, has joined US financial investor Warburg Pincus as a “strategic advisor”.
Liberty Global lost just over 100,000 video RGUs in its continuing European operations in the first three months of this year.
Liberty Global and Telefónica are to create a 50/50 joint venture in the UK that will bring together Virgin Media and O2.
John Malone’s Liberty Global is holding talks that could lead to a merger between cablenet Virgin Media and mobile operator O2.
$1 million is to be donated by CEO Mike Fries as part of a $4 million fund to help Liberty Global employees during the Coronavirus crisis.