Advanced Television

EBL, Sunrise complete telecom takeover

January 16, 2023

Sunrise has acquired the telecom business of its long-standing partner, EBL, with retroactive effect from January 1st 2023.

The takeover is the result of many years of cooperation between the two companies in Switzerland. A total of 60,000 telecom customers currently connected in the regions of Liestal, Laufen, Romandy, and Bern as well as in Emmental and Entlebuch will continue to have access to Sunrise products. Nothing will change for customers as a result of the takeover.

“Concluding the sale of the telecom division to Sunrise is in the best interest of our telecom customers, as this will ensure they can continue to enjoy state-of-the-art products on outstanding telecom networks. At the same time, we’re placing an increased focus on the two strategic objectives of ‘security of supply’ and ‘decarbonising the energy system’, thereby making an important contribution for future generations,” said Tobias Andrist, CEO of EBL.

André Krause, CEO of Sunrise, added: “EBL has been our network partner for 18 years now. As such, EBL telecom customers have already been benefiting from our mobile, landline, Internet and TV services for a long time. With the takeover of EBL’s entire telecom division, we can provide direct and improved support for these customers. They can also look forward to additional innovative services in the future.”

 

Categories: Articles, Business, M&A, Telco

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