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Wireless

Liberty, private equity firms eye FT Swiss unit - report

Monday 8 August 2011 | 14:22 CET | News
Cable operator Liberty Global and private equity companies Apax Partners and EQT Partners are all understood to be considering bidding for Orange Switzerland, reports Bloomberg citing three people familiar with the matter. France Telecom announced plans to sell its Swiss subsidiary in July after attempts to merge it with rival Sunrise were blocked by regulators. The sources indicated that the sale process would probably commence at end-August and could raise up to EUR 2 billion.

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Categories: Mobile & Wireless
Companies: France Telecom / Liberty Global / Salt Mobile
Countries: Switzerland
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