Deals
Liberty Global CEO Sees Sunrise as Possible Swiss Partner
- Companies were said to have held talks on joint venture
- Sunrise shares have outperformed telecom benchmark in 2018
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Sunrise Communications Group AG is one of the Swiss operators being looked at as a potential partner for Liberty Global Plc, said Mike Fries, chief executive officer of the cable TV giant.
Liberty Global is primarily focused on improving its network and product, while also “playing on the side with some opportunities,” Fries said Monday in a Bloomberg Television interview. Asked whether a deal with Sunrise was a possibility, he said, “There aren’t many operators in the market, so that would be one of them.”