UPC Switzerland
Cable provider in Switzerland / From Wikipedia, the free encyclopedia
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UPC was the largest cable operator in Switzerland with around 1.1 million residential and business customers and was formed in 1994 through the merger of several cable operators. UPC has been a subsidiary of Liberty Global from 2005 until its discontinuation in 2022.[1]
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Company type | Subsidiary |
---|---|
Industry | Telecommunications |
Predecessor | Sunrise Communications |
Founded | 1994; 30 years ago (1994) |
Defunct | May 23, 2022 (2022-05-23) |
Fate | Discontinued in favor of Sunrise |
Successor | Sunrise |
Headquarters | Zurich, Switzerland |
Key people | Baptiest Coopmans (CEO) |
Revenue | 1.296 billion CHF (2018)[2] |
Number of employees | approx. 1,500 (2018)[2] |
Parent | UPC Broadband |
Website | www |
On 27 February 2019, the Swiss telecommunications company Sunrise Communications announced the planned purchase of UPC Switzerland from Liberty Global, with purchasing price of 6.3 billion CHF, but it was cancelled in December. In August 2020, the reverse operation occurred, Liberty Global, UPC's parent company, announced that it will acquire Sunrise for $7.4 billion.[3] On May 23, 2022, UPC was discontinued in favor of Sunrise.[4]