UPC Switzerland

UPC Switzerland[1]
Company typeSubsidiary
IndustryTelecommunications
PredecessorSunrise Communications Edit this on Wikidata
Founded1994 (1994)
DefunctMay 23, 2022 (2022-05-23)
FateDiscontinued in favor of Sunrise
SuccessorSunrise
Headquarters
Zurich, Switzerland
Key people
Baptiest Coopmans (CEO)
Revenue1.296 billion CHF (2018)[2]
Number of employees
approx. 1,500 (2018)[2]
ParentUPC Broadband
Websitewww.upc.ch

UPC was the largest cable operator in Switzerland with around 1.1 million residential and business customers and was formed in 1994 through the merger of several cable operators. UPC has been a subsidiary of Liberty Global from 2005 until its discontinuation in 2022.[1]

On 27 February 2019, the Swiss telecommunications company Sunrise Communications announced the planned purchase of UPC Switzerland from Liberty Global, with purchasing price of 6.3 billion CHF, but it was cancelled in December. In August 2020, the reverse operation occurred, Liberty Global, UPC's parent company, announced that it will acquire Sunrise for $7.4 billion.[3] On May 23, 2022, UPC was discontinued in favor of Sunrise.[4]

  1. ^ a b Excerpt from the Canton of Zurich Commercial Registry
  2. ^ a b About Us
  3. ^ Nillson, Patricia; Fildes, Nic (2020-08-12). "Liberty Global to buy Sunrise in $7.4bn Swiss telecoms deal". Financial Times. Retrieved 2020-08-12.
  4. ^ Ago, 6 Days (2022-05-19). "Sunrise UPC makes Sunrise its principal brand". Digital TV Europe. Retrieved 2022-05-25.{{cite web}}: CS1 maint: numeric names: authors list (link)