Sunrise UPC increases customer numbers
The merged telecommunications company Sunrise UPC is satisfied with the course of business in the final quarter of 2020. A good basis had been laid for the targeted growth.

Sunrise and UPC increased the number of customers in the important area of mobile subscriptions in particular by 66,700 in the fourth quarter, according to a statement on Tuesday. Sunrise contributed around three quarters of this growth.
By comparison, top dog Swisscom only managed to increase the number of mobile subscribers by 31,000 in the same period. Sunrise and UPC have thus gained market share. As is well known, this is one of the goals that the two companies are pursuing with the merger completed in November.
According to Sunrise-UPC CEO André Krause, the market for mobile subscriptions probably grew again in the fourth quarter, as he told the AWP news agency. He explains this, among other things, with the trend towards a second device, such as smartwatches.
In addition, intense competition and lower subscription prices have led to more and more customers switching from prepaid to subscription models. "Corona and home offices also had a certain effect, and with them the need for more bandwidth," says Krause.
UPC breaks the trend
However, customer numbers did not only increase in the mobile communications sector. Sunrise also added 13,600 Internet and 12,300 TV customers. There were also positive developments at UPC.
The number of broadband customers grew again for the first time since the second quarter of 2017. Specifically, 2,000 customers had been gained. "The figures are improving from quarter to quarter," said Krause.
For him, these developments are "extremely positive," as he pointed out: "We've managed to maintain our growth rate despite the integration work and despite the Corona difficulties."
Together, Sunrise and UPC now reported around 2.31 million mobile subscribers, 1.18 million Internet customers and 1.27 million TV customers at the end of last year. Swisscom, meanwhile, had 4.85 million mobile subscribers, 2.04 million Internet customers and 1.55 million TV customers.
Without concrete figures
What all this means in francs and centimes remains open. No revenue and profit figures for the combined company are mentioned. The only thing stressed was that Sunrise achieved the promised growth in operating profit with a plus of 2.2 percent in the full year 2020 alone. This suggests an EBITDA of around 683 million.
However, the parent company Liberty Global has published concrete figures, albeit in the reporting currency of U.S. dollars. In addition, these figures only include Sunrise's contribution from the time of consolidation in mid-November.
Accordingly, the company achieved sales of $642.9 million in the final quarter, which corresponds to a decline of 2.6 percent on a comparable basis. Meanwhile, operating profit at the EBITDA level decreased 7.9 percent to $254.4 million in this view. "If Sunrise had been consolidated for the whole quarter, the numbers would have looked better," Krause said.
No news on job cuts
There was no big news on the further steps of the merger. "We are still at the start," said the CEO. The whole process will take one to two years, he added. As is well known, this will also lead to a reduction of several hundred jobs out of the current 3,300 or so. Consultations on this are underway, Krause said. Also because of the job cuts, he expects "merger costs" of 150 million Swiss francs in the current year.
On the other hand, the goal is to "continue to drive growth momentum. He let it be known that he is not primarily planning a discount battle. Instead, Sunrise UPC should score points with innovations and a good infrastructure.
This also included good TV content. "We are applying again for the ice hockey rights," said Krause. And that also includes a good 5G network, he added. "In three quarters of the cantons, we're on a good path here," he said of political resistance to network expansion. In the others, he said, efforts are being made to convince people. If necessary, legal action will be taken: "We also have lawsuits pending in individual places," said Krause. (SDA)















