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Outcome of EGM capital increase vote for Sunrise takeover of UPC Switzerland still uncertain - report
2019-10-04 09:14:00| Telecompaper Headlines
(Telecompaper) The takeover of UPC Switzerland by Sunrise is still opposed by shareholders who own at least 30 percent of the voting rights, a Reuters survey shows. The investors would vote against the capital increase to provide the financial means to support the transaction worth CHF 6.3 billion.
Tags: report
increase
capital
vote
Freenet reaffirms decision to vote against capital increase to finance Sunrise UPC takeover
2019-10-01 16:11:00| Telecompaper Headlines
(Telecompaper) Despite the plan by Sunrise to reduce the size of the capital increase to finance the takeover, Freenet believes that the transaction leads "to value destruction for all existing Sunrise shareholders", and "regards the strategic rationale as fundamentally flawed".
Tags: increase
finance
capital
decision
Swiss competition authority approves UPC takeover by Sunrise
2019-09-26 09:16:00| Telecompaper Headlines
(Telecompaper) Swiss competition commission Weko announced that it has approved the takeover of UPC Switzerland by Sunrise. Weko conducted an in-depth examination of the proposed merger and concluded that it does not build or reinforce a dominant position in any of the markets analysed.
Tags: authority
competition
swiss
sunrise
Sunrise launches 5G fixed-wireless offer for home, office customers
2019-09-18 15:13:00| Telecompaper Headlines
(Telecompaper) Swiss operator Sunrise has opened up its 5G network to home and office customers. Customers can opt for 5G for their fixed broadband service and also use the mobile network as a replacement for fixed telephony and TV services. Sunrise will offer 5G automatically in areas where the fixed network is slow.
Tags: home
office
offer
customers
Activist investor AOC opposes Sunrise takeover of UPC Switzerland
2019-09-12 15:43:00| Telecompaper Headlines
(Telecompaper) The activist investor Active Ownership Capital (AOC) said that it opposes the takeover of UPC Switzerland by Sunrise in its current form, Reuters reports.
Tags: switzerland
investor
sunrise
upc
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