Thursday, 04 March 2021

Liberty Global acquiring Sunrise for $7.4bn

by Harry Baldock, Total Telecom
Wednesday 12 August 20

In a major reversal, rather than selling Sunrise its Swiss cable unit UPC, Liberty Global has now moved to buy the operator itself

Today, Liberty Global has announced that it will be purchasing Swiss operator Sunrise Communications for a sum of 6.8 billion Swiss francs (around $7.4 billion).   The deal comes as something of a role reversal for the two companies; just last year, Sunrise was preparing to spend just over $6 billion to purchase Swiss cable unit UPC from Liberty Global…

Today, Liberty Global has announced that it will be purchasing Swiss operator Sunrise Communications for a sum of 6.8 billion Swiss francs (around $7.4 billion).   The deal comes as something of a role reversal for the two companies; just last year, Sunrise was preparing to spend just over $6 billion to purchase Swiss cable unit UPC from Liberty Global…

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