Home Freenet reluctant to join Sunrise rights issue for UPC takeover
 

Keywords :   


Freenet reluctant to join Sunrise rights issue for UPC takeover

2019-02-28 16:59:00| Telecompaper Headlines

(Telecompaper) German operator Freenet is not pleased with the proposed structure of Sunrise's takeover of UPC Switzerland and may not participate in the rights issue called by Sunrise to fund the deal. While the deal has industrial logic, the company said, Freenet would prefer to see a merger of the companies, rather than Sunrise taking on all the financial risks, Freenet's CFO Ingo Arnold told news agency dpa-AFX. 

Tags: rights join issue sunrise

Category:Telecommunications

Latest from this category

All news

»
22.11ONE PIECE 1109
22.1190old
22.11SHIMANO
22.11Hi-STANDARD growing up
22.1111th ANNIVERSARY SPECIAL SET
22.11 3
22.11
22.11MSR LIGHTNING ASCENT25
More »