The leading communication firm Liberty Global has agreed to acquire all shares of Swiss telecommunications company Sunrise Communications Group AG for approximately $7.4 billion. Sunrise Communications offers mobile, Internet, TVand landline services to customers.
- Sunrise Communications is a second-largest telecommunications company in Switzerland after Swisscom.
- Strategic Combination of UPC Switzerland and Sunrise to Create the Leading Fixed-Mobile Challenger in Switzerland
In May 2020: Liberty Global announce the merger of its operation in UK with Telefonica SA. As per deal Liberty Global and Telefonica will form a 50:50 joint venture (JV) in UK. Telefonica is one the largest telecommunications service providers in the world.
The combination of Virgin Media and O2 will create a nationwide integrated communications provider with over 46 million video, broadband and mobile subscribers. The new JV will become a leading challenger in the B2B space as the combination will accelerate the adoption of converged fixed-mobile services to Virgin Medias and O2s existing business customers and offer new services using both companies digital skills, networks and product portfolios, such as cloud, big data, Internet of Things and cyber security services.
In February 2020, Liberty Global plc), announced a multi-year deal with Netflix that will continue to offer 11 million video customers in Europe convenient access to the Netflix service.
In February 2020, Liberty Global plc, announced that it has selected Infosys as the strategic partner to ensure business continuity in the companys transfer of approximately 300 roles across operations management and service delivery.
About Liberty Global
Liberty Global, headquartered in London, United Kingdom, is one of the worlds leading converged video, broadband and communications companies. The company has operations in six European countries under the consumer brands Virgin Media, Telenet and UPC. The company provides a fibre-based network that connects 11 million customers subscribing to 25 million TV, broadband internet and telephone services.