The Swiss Competition Commission (WEKO) has approved the acquisition of telecommunications company Sunrise by Liberty Global’s subsidiary UPC.
UPC has been ordered to pay a fine of CHF 30 million after being found in breach of Switzerland’s competition rules.
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.
Cable company UPC is the first Swiss platform operator to add US streaming service Starzplay to its portfolio.
Olaf Swantee, former CEO of Swiss telco Sunrise, has joined US financial investor Warburg Pincus as a “strategic advisor”.
Vodafone Czech Republic, in conjunction with UPC, plans to launch a Czech version of Vodafone TV later this month.
Swiss cable operator UPC has made its TV service available on third-party devices such as Apple TV, Android TV and Amazon Fire.
Liberty Global ended 2019 on a positive note in the two Central and East European markets in which it still retains a presence.
Insight TV has launched on Swiss cable operator UPC.
From April, Vodafone Hungary will discontinue the UPC brand and then sell its mobile and fixed line services exclusively under its own brand, HWSW wrote.