Liberty Global is in talks with Sunrise Communications Group about a potential partnership to combine and expand their businesses in Switzerland, according to Reuters.

The early-stage discussions could pave the way for a joint venture between Liberty’s UPC unit and Zurich-based Sunrise, which has a market value of about $4.2 billion. The combined business’s structure could mirror the deal that billionaire John Malone engineered two years ago for Liberty Global, his European cable-TV company, with Vodafone in the Netherlands, the report said.

The companies are working with advisers as they evaluate strategic options, the people said. The two sides may not reach an agreement, they said. Sunrise shares fell by the most in more than a year on the Bloomberg News report, reflecting investors’ disappointment that Liberty isn’t discussing an outright acquisition of Sunrise.

Other posts by :

1. Equatys wants 2,800 new satellites
2. FCC eyes freeing up Weird Space Stuff spectrum
3. SES happy with releasing 160MHz of spectrum for 5G
4. Inmarsat “likely to win appeal” over Ligado/AST action
5. FCC seeks fair play over foreign satellite access
6. Bank raises RocketLab target price
7. Paramount throws kitchen sink
8. Ukraine wants its own LEO system
9. SpaceX outlines Starlink cellular delivery plan

Categories: Articles, Broadcast, Business, Joint Venture