Sunrise, Orange merger still possible

Swiss cellco Sunrise believes a merger with Orange could still be in the cards, following a change of heart by competition authorities.
Chairman Dominik Koechlin told German business weekly Handelszeitung that a fresh deal could be brokered with Orange because competition authorities appear to have softened their stance after clearing Sunrise’s sale to CVC Capital Partners last month.
“There is still room for maneuver,” he told the newspaper, noting that the CVC sale was cleared because the venture capital firm has shown it can “continue to expand Sunrise.”
Orange and Sunrise’s former parent TDC abandoned a planned merger in June, after failing to overturn a block on the deal by regulators in April.
TDC subsequently agreed to sell Sunrise to CVC for 3.3 million Swiss francs (€2.4 billion) in September.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.