US-backed triple-play provider UPC Cablecom has purchased the 55% it did not already own in cable company Telelancy from the Geneva municipality of Lancy for an undisclosed fee. The newly acquired cable network passed 9,500 households. Commenting on the deal, the mayor of Lancy Francois Lance noted that: ‘This sale will secure the future of our cable network, and customers will be able to benefit from first-rate products and services over the long term.’
UPC has also announced a partnership with Naxoo, another Geneva-based cableco in which it is an investor, after plans to purchase the remaining 51.2% stake in the company from the municipality for CHF57.5 million (USD63.32 million) were blocked. Broadband TV News writes that the two companies will instead offer combined triple-play offerings from November this year, featuring download speeds of up to 150Mbps.
UPC is also returning to long-dormant plans to relaunch wireless services via a mobile virtual network operator (MVNO) deal with Orange Switzerland, local news outlet Handelszeitung reports, citing two unnamed sources. UPC intends to launch the offering in time for Christmas this year, with business-oriented offerings to be made available early next year. TeleGeography’s GlobalComms Database notes that Cablecom resold mobile services over Sunrise’s network from 2005 until mid-2011 when it announced plans for a new MVNO partnership with Orange.