0
General

Swiss authority set to ask Sunrise for remedies for approval of UPC takeover - report

Thursday 12 September 2019 | 16:33 CET | News
Swiss competition commission Weko is set to ask Sunrise to provide remedies in order to approve the takeover of UPC Switzerland, Handelszeitung reports citing sources. One possible remedy could force Sunrise to open the cable network of UPC Switzerland to third fixed parties and internet service providers such as Salt, Green.ch or Init7. Wholesale agreements are offered for example by Swisscom and energy suppliers to use their copper and fibre networks. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Sunrise / UPC Switzerland / Weko
Countries: Switzerland
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Swiss competition authority approves UPC takeover by Sunrise

Published 26 Sep 2019 09:16 CET | Switzerland
Swiss competition commission Weko announced that it has approved the takeover of UPC Switzerland by Sunrise. Weko conducted an ...

Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases

Published 16 Sep 2019 07:00 CET | Europe
Earnings season is coming to an end, giving operators and rating agencies a moment to look at the balance sheets. M&A was mostly ...

Activist investor AOC opposes Sunrise takeover of UPC Switzerland

Published 12 Sep 2019 15:43 CET | Switzerland
The activist investor Active Ownership Capital (AOC) said that it opposes the takeover of UPC Switzerland by Sunrise in its ...

Sunrise shareholder calls for exit of chairman, board member

Published 10 Sep 2019 09:37 CET | Switzerland
Sunrise said it received a letter from Axxion, one of its shareholders, calling on the company to remove the chairman Peter Kurer ...

Sunrise receives fairness opinion supporting UPC takeover

Published 04 Sep 2019 14:59 CET | Switzerland
Swiss operator Sunrise said that the fairness opinion of the consulting firm ValueTrust supports the agreed financial terms of ...

Will Freenet block Sunrise takeover of UPC Switzerland in order to force a Liberty Global bid for Sunrise?

Published 02 Sep 2019 15:43 CET | Switzerland
Sunrise has become embroiled in a battle with its major shareholder Freenet over the proposed acquisition of UPC Switzerland. ...

More Sunrise shareholders question UPC Switzerland deal - report

Published 02 Sep 2019 10:48 CET | Switzerland
One top ten Sunrise shareholder showed scepticism, saying that "the deal has to be significantly restructured" and adding that it ...

Sunrise certain of shareholders support for UPC takeover, to publish independent opinion on deal

Published 28 Aug 2019 09:40 CET | Switzerland
Swiss operator Sunrise is convinced that it will receive the support of its shareholders to bring to the deal to purchase UPC ...

Liberty Global reiterates commitment to UPC Switzerland sale to Sunrise

Published 27 Aug 2019 10:47 CET | Switzerland
Liberty Global said in a statement that it is "fully committed" to completing the sale of UPC Switzerland to Sunrise, following ...

Sunrise suspends Freenet board members, to push ahead with UPC takeover

Published 22 Aug 2019 12:09 CET | Switzerland
Swiss operator Sunrise has rejected shareholder Freenet's opposition to its planned takeover of UPC Switzerland and said it will ...

Freenet says to vote against Sunrise rights issue for UPC takeover

Published 16 Aug 2019 09:46 CET | Switzerland | Update: 16 Aug 2019 10:35 CET
German operator Freenet announced it will vote against Sunrise's planned share issue to finance the takeover of UPC Switzerland. ...

Weko opens in-depth investigation into sale of UPC Switzerland to Sunrise

Published 03 Jun 2019 16:38 CET | Switzerland
Swiss competition commission Weko said that it has started an in-depth investigation into the sale of Liberty Global unit UPC ...

Sunrise AGM rejects capital renewal

Published 11 Apr 2019 16:53 CET | Switzerland
Swiss operator Sunrise's annual general meeting of shareholders approved all motions brought by the board of directors, except ...