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: 1162

Tags: orange switzerland france telecom

Leave a comment

Name:
Email:
Comment:
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 2017»
MonTueWedThuFriSatSun
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678

Archive

Terms Of Use | Privacy Statement