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Controversy in the Swiss mobile communications industry: Swisscom sued rival Sunrise for 90 million francs in damages over a mobile phone sharing agreement.
Swisscom alleged that the then cable network operator UPC, which is now owned by Sunrise, had breached the agreement for joint use of the mobile network signed with Swisscom on December 8, 2017. UPC announced on January 8, 2018 that it would switch from Salt to Swisscom for its mobile communications services.
With the acquisition of Sunrise by UPC owner Liberty Global, the migration of UPC mobile customers to Sunrise’s mobile phone network began in mid-2021. With that, Swisscom stared blankly.
The hearings are being heard at the Berne Commercial Court and are still pending, a court spokesman said on Wednesday at the request of the AWP news agency. Since the process is ongoing, neither Swisscom nor Sunrise wanted to provide any information.
But Sunrise’s parent company isn’t worried: Liberty wrote that no provision was made because a loss is unlikely at this point. “We believe the allegations in this case are false and/or exaggerated.” They intend to defend themselves strongly on this issue.
Just a few days ago, Sunrise caused a stir by announcing its return to the Swiss stock exchange. (SDA/rae)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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