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Wireless

Sunrise considers tower disposal

Thursday 26 January 2017 | 10:34 CET | News
Sunrise is considering divesting a substantial part of its telecom tower network, the company confirmed in a statement. Sunrise is currently in the "preliminary stages" of considering a possible transaction which would dispose of "the larger part" of its passive tower infrastructure, the statement said. However, there is no certainty of a transaction being undertaken or concluded. Sunrise made the statement in response to media speculation over a potential sell-off. Any divestment wold potentially allow the company to deleverage faster, Sunrise said.

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Categories: Mobile & Wireless
Companies: Sunrise
Countries: Switzerland
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