News Articles

Saturday, December 24, 2011

Orange Switzerland to be sold

OrangeFrance Telecom-Orange has announced an agreement to sell Orange Switzerland to investment group Apax Partners in a deal worth 2 billion Swiss Francs (£1.37 billion). The arrangement is subject to regulatory approval.

Last year a plan by France Telecom and TDC to combine Orange Switzerland with Sunrise Communications was rejected by the Swiss Competition Commission.

Orange Switzerland was established in 1999 and had 1.6 million customers at the end of September 2011. It employs approximately 1,200 people.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Networks and operators, NewsNumber of views: 938

Tags: orangeswitzerlandfrance telecom

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«September 2016»
MonTueWedThuFriSatSun
2930311234
567891011
12131415161718
19202122232425
262728293012
3456789

Archive

Terms Of Use | Privacy Statement