M&A Deal Summary

Liberty Global Acquires Sunrise Communications

On August 12, 2020, Liberty Global acquired communications company Sunrise Communications for 6.8B CHF

Acquisition Highlights
  • This is Liberty Global’s 10th transaction in the Communications sector.
  • This is Liberty Global’s largest (disclosed) transaction.
  • This is Liberty Global’s 2nd transaction in Switzerland.

M&A Deal Summary

Date 2020-08-12
Target Sunrise Communications
Sector Communications
Buyer(s) Liberty Global
Deal Type Add-on Acquisition
Deal Value 6.8B CHF

Target

Sunrise Communications

Zurich, Switzerland
Sunrise is a Swiss telecom provider. The company has fixed line and mobile subscribers and operates nationwide GSM and UMTS mobile networks as well as a nationwide fibre optic broadband network stretching over 9,000km allowing for an 80% direct broadband coverage to households nationwide. Sunrise Communications Group was founded in 2015 and is based in Zürich, Switzerland.

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Buyer(S) 1

Buyer

Liberty Global

London, United Kingdom

Category Company
Founded 2004
Sector Communications
Employees9,860
Revenue 7.5B USD (2023)
DESCRIPTION
Liberty Global's office in downtown Denver, Colorado.
Liberty Global's office in downtown Denver, Colorado.

Liberty Global is an international telecommunications and television company that delivers next-generation products through advanced fibre and 5G networks that connect 85 million subscribers across Europe and the United Kingdom. Liberty Global was founded in 2004 and is based in London, England.


DEAL STATS #
Overall 15 of 17
Sector (Communications) 10 of 11
Type (Add-on Acquisition) 12 of 12
Country (Switzerland) 2 of 2
Year (2020) 2 of 2
Size (of disclosed) 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-07 Liberty Global and Telefonica - UK Joint Venture

United Kingdom

Liberty Global and Telefonica - UK Joint Venture consists of Virgin Media and O2. The combination of Virgin Media and O2 will create a nationwide integrated communications provider with over 46 million video, broadband, and mobile subscribers and £11 billion of revenue.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-23 helloFiber

Cologne, Germany

helloFiber is an art fibre-to-the-home (FTTH) networks in underserved areas of the country and offer under the ‘helloFiber’ brand superfast broadband connectivity. helloFiber is based in Cologne, Germany.

Buy -