Sunrise Communications AG

DREAM BIG. DO BIG. Sunrise becomes the principal brand and launches the «Upgrade for your life» in the form of the Sunrise Up portfolio

Retrieved on:

Tuesday, May 24, 2022

DREAM, Aurora, SME, Sport, Sunrise Communications AG, UPC, Telecommunication, Internet, UPC Switzerland, Netflix, Wi-Fi, CEO, Nightclub, Video game, Mobile phone, Sunrise

Sunrise wants to inspire people and encourage them to make their dreams a reality.

Key Points:

Sunrise wants to inspire people and encourage them to make their dreams a reality.
From May 23 on, Sunrise will be the main brand of Sunrise UPC, complete with a fresh brand design and logo (Aurora).
For business customers, the main brand Sunrise will add the term Business to the name.
Even if we do not always succeed on the first try as we can see in the new Sunrise Brand Image TV-Spot .

EQS-News: Sunrise We: Now with all the advantages of Sunrise and UPC

Retrieved on:

Thursday, October 7, 2021

With its fiber hybrid network including 5G, Sunrise UPC offers giga speeds to over 90% of households.

Key Points:

With its fiber hybrid network including 5G, Sunrise UPC offers giga speeds to over 90% of households.
The environmentally friendly, award-winning TV Box (IPTV) is complemented by the new Sunrise UPC TV App, which is based on the established platform from UPC.
This is strengtheningour position as the leading convergence provider in Switzerland', says a delighted Andr Krause, CEO of Sunrise UPC.
Sunrise UPC as the favorite fully satisfied these expectations as the overall winner in Switzerland in our fixed network comparison.'

EQS-News: MySports supports the Sunrise UPC growth strategy

Retrieved on:

Friday, September 3, 2021

Thanks to the combined expertise in telecommunications and TV at Sunrise UPC, fans and viewers will benefit even more in the future.

Key Points:

Thanks to the combined expertise in telecommunications and TV at Sunrise UPC, fans and viewers will benefit even more in the future.
Homemade documentaries, eNational League events, the PUCK OFF podcast and MySports' engagement on social media will be expanded further.
Sunrise UPC aims to redefine how MySports viewers enjoy sports, leveraging possibilities in telecommunications over the next five years.
Sunrise UPC is just a slapshot away from the start of the season and guarantees great excitement - far beyond the hockey arena.

DGAP-News: freenet AG: freenet AG repays debts of 610.0 million euros after sale of Sunrise shares

Retrieved on:

Friday, November 20, 2020

Freenet AG, Freenet, Sunrise Communications AG

syndicated bank loan of 610.0 million euros taken out to finance its equity stake in the Swiss telecommunications provider Sunrise Communications Group AG (Sunrise) acquired in 2016.

Key Points:

syndicated bank loan of 610.0 million euros taken out to finance its equity stake in the Swiss telecommunications provider Sunrise Communications Group AG (Sunrise) acquired in 2016.
Through the complete sale of the total of 11,051,578 shares, freenet AG received Swiss francs equivalent to approximately 1.1 billion euros in cash on 11 November 2020.
"The sale of the Sunrise shares strengthens freenet AG's capital base in the long term.
Thus, freenet AG stands by its promise to use the proceeds from the sale of its Sunrise investment primarily to repay bank liabilities.

Liberty Global Completes Acquisition of Sunrise Communications Group

Retrieved on:

Thursday, November 12, 2020

Technology, Telecommunications, Telecommunications companies, Companies, Telecommunications, Liberty Global, Sunrise Communications AG, Mike Fries, NASDAQ

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has successfully completed the acquisition of Sunrise Communications AG (SIX Swiss Exchange: SRCG).

Key Points:

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has successfully completed the acquisition of Sunrise Communications AG (SIX Swiss Exchange: SRCG).
Liberty Global plans to have the Sunrise shares delisted from the SIX Swiss Exchange upon completion of the squeeze-out.
Sunrise is therefore expected to become a wholly-owned subsidiary within the Liberty Global group.
Mike Fries, CEO, Liberty Global, comments, Today marks another important step in our strategy of creating leading national fixed-mobile champions across Europe.

Liberty Global Announces Definitive End Results of Sunrise Communications Group Tender Offer

Retrieved on:

Tuesday, November 3, 2020

Technology, Mobile, Wireless, Internet, Telecommunications, Companies, Financial markets, Finance, Liberty Global, Squeeze-out, Tender offer, NASDAQ, Sunrise Communications AG

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today the definitive end results for the all cash, public tender offer of UPC Schweiz GmbH (a subsidiary of Liberty Global) to acquire all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG).

Key Points:

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today the definitive end results for the all cash, public tender offer of UPC Schweiz GmbH (a subsidiary of Liberty Global) to acquire all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG).
After the settlement of the offer, Liberty Global intends to initiate a squeeze-out procedure and delist Sunrise shares from trading on the SIX Swiss Exchange.
Sunrise is therefore expected to become a wholly-owned subsidiary within the Liberty Global group of companies.
Shareholders of Sunrise are urged to read the documents relating to the tender offer described herein (the Offer), which are available at www.nationalconnectivitychallenger.ch .

Liberty Global Announces Provisional Interim Results of Sunrise Communications Group Tender Offer

Retrieved on:

Friday, October 9, 2020

Entertainment, Technology, TV and Radio, General Entertainment, Audio, Video, Telecommunications, Internet, Companies, Financial markets, Finance, Liberty Global, Squeeze-out, Tender offer, NASDAQ, Sunrise Communications AG

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today the provisional interim results for the all cash, public tender offer of UPC Schweiz GmbH (a subsidiary of Liberty Global) to acquire all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG).

Key Points:

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today the provisional interim results for the all cash, public tender offer of UPC Schweiz GmbH (a subsidiary of Liberty Global) to acquire all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG).
After the settlement of the offer, Liberty Global intends to initiate a squeeze-out procedure and delist Sunrise shares from trading on the SIX Swiss Exchange.
Sunrise is therefore expected to become a wholly-owned subsidiary within the Liberty Global group of companies.
Shareholders of Sunrise are urged to read the documents relating to the tender offer described herein (the Offer), which are available at www.nationalconnectivitychallenger.ch .

Liberty Global Publishes Offer Prospectus for Sunrise Communications Group Tender Offer

Retrieved on:

Thursday, August 27, 2020

Technology, Internet, Telecommunications, Corporate finance, Tender offer, Liberty Global, Companies, Corporations, Telecommunications, Sunrise Communications AG, Cable television companies

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today that UPC Schweiz GmbH, a subsidiary of Liberty Global, is publishing the Offer Prospectus for the previously announced all cash public tender offer for all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG) at a price of CHF110 per share.

Key Points:

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today that UPC Schweiz GmbH, a subsidiary of Liberty Global, is publishing the Offer Prospectus for the previously announced all cash public tender offer for all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG) at a price of CHF110 per share.
The offer by Liberty Globals subsidiary, UPC Schweiz GmbH, is also conditioned on other customary offer conditions, including regulatory approvals.
freenet AG, Sunrises largest shareholder, which holds approximately 24% of Sunrises share capital, has signed a binding, unconditional commitment to tender its shares at the offer price.
Shareholders of Sunrise are urged to read the Offer documents, which are or will be available at www.nationalconnectivitychallenger.ch .

Liberty Global Supports Cancellation of Sunrise EGM

Retrieved on:

Tuesday, October 22, 2019

Entertainment, Technology, Online, Telecommunications, Mobile, Wireless, Networks, Internet, Liberty Global, Companies, Cable television companies, UPC Switzerland, Sunrise, Extraordinary general meeting, Telecommunications, Sunrise Communications AG

Liberty Global plc (Liberty Global or the Company) (NASDAQ: LBTYA, LBTYB and LBTYK) announced today that it supports the cancellation of Sunrise Communications Extraordinary General Meeting (EGM), which had been scheduled to take place Wednesday, October 23, 2019.

Key Points:

Liberty Global plc (Liberty Global or the Company) (NASDAQ: LBTYA, LBTYB and LBTYK) announced today that it supports the cancellation of Sunrise Communications Extraordinary General Meeting (EGM), which had been scheduled to take place Wednesday, October 23, 2019.
Sunrise was seeking approval for an ordinary capital increase by way of a rights offering to finance its pending acquisition of UPC Switzerland.
Sunrise has reviewed the vote tally, including the intention of its largest shareholder Freenet to vote against the deal, and determined that the proposal was unlikely to be approved by shareholders.
In addition, the commitments by Liberty Global in the recently announced Conditional Rights Purchase Agreement will lapse and thereby terminate.

Liberty Global Announces CHF 500 Million Conditional Rights Purchase Commitment for Sunrise’s Financing of UPC Switzerland Acquisition

Retrieved on:

Monday, October 14, 2019

Technology, Mobile, Wireless, Other Technology, Telecommunications, Audio, Video, Networks, Internet, Hardware, Data management, Telecommunications companies, Telecommunications, Companies, Sunrise Communications AG, Cable television companies, Liberty Global, UPC Switzerland

Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) and Sunrise Communications AG (Sunrise) today announced an agreement whereby Liberty Global will support Sunrises rights offering related to the acquisition of UPC Switzerland1.

Key Points:

Liberty Global plc (Liberty Global) (NASDAQ: LBTYA, LBTYB and LBTYK) and Sunrise Communications AG (Sunrise) today announced an agreement whereby Liberty Global will support Sunrises rights offering related to the acquisition of UPC Switzerland1.
Liberty Global has agreed to support the Sunrise rights offering up to an aggregate amount of CHF 500 million2 through the purchase of tradeable subscription rights at market prices and the subsequent purchase of newly issued shares, if any, in the rights offering.
Sunrise and Liberty Global have also agreed that Liberty Global will receive one board seat nomination as long as its shareholding exceeds 5%.
The obligation of Liberty Global to acquire subscription rights is subject to certain conditions described further in the agreement with Sunrise.