Thursday, September 16, 2010

TDC Sells its Sunrise Share in Switzerland

TDC will sell Sunrise Communications, its subsidiary in Switzerland, to CVC Capital Partners for CHF 3.3 billion. TDC held Sunrise for nearly ten years during which Sunrise.

Sunrise is the leading challenger to Swisscom and currently has 2.86 million customers. It operates an HSPA network with coverage across Switzerland and a fiber optic network with a total length of 10,000 km.

See also