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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.

Tags: rights tv share ice

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.

Tags: global deal chf liberty

Sunrise confirms advanced talks to acquire UPC Switzerland for CHF 6.3 billion

2019-02-27 11:13:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise confirmed that it's in advanced talks with Liberty Global about a possible takeover of cable operator UPC Switzerland for an enterprise value of CHF 6.3 billion. As previously stated, Sunrise reiterated that no final decision had been made and that it would only pursue the deal if it provided strategic advantage and value for shareholders.

Tags: advanced switzerland billion chf