Orange/Sunrise merger: France Telecom and TDC sign agreement
The telecommunications companies France Telecom and TDC have signed a final agreement to merge the operations of their Swiss subsidiaries, Orange and Sunrise.
The transaction is expected to be completed in the second quarter of 2010 after the competition and regulatory authorities have made their decisions, the companies announced on Friday evening, according to SDA.
Together, Sunrise and Orange have a market share of around 38% in mobile communications and around 13% in broadband.
Together, Sunrise and Orange have a market share of around 38% in mobile communications and around 13% in broadband.
