Renewed rumors about merger of Sunrise and Orange
Once again, rumors of a merger between Sunrise and Orange are circulating. According to the latest issue of the Handelszeitung, the private equity firm CVC, which has owned Sunrise since 2010, is planning to exit the investment.
According to two independent sources cited by the newspaper, a new merger attempt with Orange is being discussed. Orange is also owned by a holding company, Apax. The Swiss telecoms companies Sunrise and Orange declined to comment on the speculation when asked. Sunrise spokesman Markus Werner said that the investment company CVC had repeatedly communicated that there were several possible scenarios for the exit. "These include a sale or an IPO of Sunrise."
Around four years ago, the Competition Commission prohibited a merger between the two companies, which industry exponents have repeatedly regretted since then. According to the newspaper report, the conditions may now have changed due to UPC Cablecom's entry into the mobile telephony market. (SDA)
