Weko expected to impose conditions on UPC takeover

12 Sep 2019

The Swiss Competition Commission (Wettbewerbskommission, Weko) is expected to grant conditional approval to the proposed takeover of cableco UPC Switzerland from Liberty Global by full-service provider Sunrise, Handelszeitung writes, citing two unnamed independent sources. The regulator is scheduled to issue a ruling on the matter by the end of next month, and is likely to require the enlarged entity to open its networks to third party ISPs, according to the sources. Such a move would improve competition in the wholesale broadband market and potentially reduce prices for customers. The paper cites the recent example of Germany and the acquisition of Unitymedia – another of Liberty Global’s subsidiaries – by Vodafone. In that case, the EC imposed a number of conditions on the takeover, including opening its cable network to rival operator Telefonica Deutschland.

Switzerland, Sunrise (formerly Sunrise UPC), Sunrise Communications