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.
Severina Pascu joins Virgin Media as CFO and Deputy CEO
Severina Pascu is moving from Liberty Global’s Swiss operations to become CFO and Deputy CEO of Virgin Media in the UK.
Baptiest Coopmans new CEO of UPC Switzerland
Baptiest Coopmans will become the new CEO of cable operator UPC Switzerland on February 1, 2020.
Uwe Schiller new CFO of Sunrise
Uwe Schiller, Senior Vice President Finance and Investor Relations at Sunrise, will become the Swiss telecommunications company’s new CFO with immediate effect.
CEO Olaf Swantee leaves Sunrise
Olaf Swantee, CEO of Swiss telecommunications company Sunrise, steps back and will be replaced by André Krause, currently CFO, with immediate effect.
Liberty Global terminates UPC/Sunrise merger discussions
Liberty Global has terminated discussions regarding the combination of its subsidiary UPC Switzerland with local player Sunrise Communications.
Sunrise cancels UPC acquisition contract with Liberty Global
The planned takeover of Swiss cable operator UPC by Sunrise has finally failed. The Swiss telecommunications company has terminated the share purchase agreement with UPC parent company Liberty Global.
Sunrise cancels UPC takeover assembly with consent from Liberty Global
The showdown between the supporters and opponents of Sunrise’s takeover of UPC Switzerland will not take place for the time being: The Swiss telecommunications company pulls the emergency brake and, with approval by UPC parent company Liberty Global, cancels the extraordinary general meeting (EGM) scheduled for October 23, 2019.
Liberty Global steps in to rescue UPC/Sunrise deal
In a bid to rescue the uncertain takeover of its subsidiary UPC Switzerland by Swiss telecommunications company Sunrise, Liberty Global is to participate in the capital increase arranged to finance the deal and become a shareholder in the combined entity.
Exclusive: Freenet still rejects UPC acquisition by Sunrise
Despite the downsized capital increase, Sunrise’s largest shareholder Freenet continues to reject the acquisition of UPC Switzerland from Liberty Global.