Switzerland’s competition commission Weko could approve the takeover of cable operator UPC by telecommunications company Sunrise, but only under conditions.
Liberty Global remains committed to selling its Swiss cable subsidiary UPC to local telco Sunrise under the agreed terms.
German media company Freenet, a major shareholder in Sunrise, will vote against the Swiss telco’s proposed takeover of cable operator UPC Switzerland, arguing that the price was too high and the conditions unfavourable.
Swiss competition authority WEKO will examine the planned takeover of Liberty Global’s cable subsidiary UPC by telecommunications company Sunrise in greater detail.
Insight TV will be the first 4K UHD HDR channel to launch on Sunrise’s new TV neo max OTT app.
As part of the launch of Sunrise TV neo, Stoneroos has announced the tvOS application with Single Sign-on operator login.
Swiss network operator Sunrise has launched a multiscreen TV platform as an OTT service, offered as an app for Apple TV, smartphones and tablets (iOS/Android) as well as via the web for PCs and laptops.
Swiss telecommunications company Sunrise has agreed to acquire cable operator UPC Switzerland, a wholly-owned subsidiary of Liberty Global, for an enterprise value of CHF6.3 billion (€5.5 billion).
The possible acquisition of Liberty Global’s Swiss cable operator UPC Schweiz by Swiss telecommunications company Sunrise Communications Group is further taking shape.
Swiss telecommunications company Sunrise has confirmed that it is in discussions with Liberty Global regarding a possible acquisition of its Swiss cable subsidiary UPC Schweiz.