Sunrise Communications has entered 'advanced discussions' to buy Liber...
FILE PHOTO: Swiss telecoms company Sunrise's logo at one of its stores in Zurich, January 14, 2015. REUTERS/Arnd Wiegmann/File Photo
Sunrise said it would only pursue a deal for UPC Schweiz if it was “strategically compelling and demonstrably value creative for its shareholders,” and said no final decision had been made. A purchase could strengthen Sunrise’s position as Switzerland’s second-largest telecoms company, and would be another European sale by Liberty Global which divested its Austrian business to T-Mobile Austria last year.
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