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UPC fined CHF 30 mln for refusing to share ice hockey TV rights
2020-10-20 09:30:00| Telecompaper Headlines
(Telecompaper) The Swiss competition commission Comco has hit UPC Switzerland with a CHF 30 million fine for abusing ice hockey broadcasting rights. UPC Switzerland acquired broadcasting rights in 2016 for games of the Swiss Ice Hockey Championship for the seasons 2017-2022. It refused to supply Swisscom with access to the matches for years, Comco found, adding that this practice is illegal under anti-trust law.
Liberty Global agrees new deal to merge UPC and Sunrise in CHF 6.8 bln takeover
2020-08-12 09:48:00| Telecompaper Headlines
(Telecompaper) Liberty Global announced a new attempt to merge its Swiss business UPC with Sunrise. The company has agreed a takeover of Sunrise for CHF 110 per share and an enterprise value of CHF 6.8 billion. This is a 32 percent premium to Sunrise's average share price in the past two months.
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