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Sunrise reported EBITDA growth in 3Q 2019, but a new strategy is needed due to the collapse of the UPC deal

"Sunrise is gaining share in the Swiss telecoms market thanks to intense promotional activities and high-quality services."

Sunrise is the second-largest operator (in terms of the number of mobile connections) in the Swiss mobile market, and it has shares of around 11% and 7% in the fixed broadband and pay-TV markets, respectively. It announced its results for 3Q 2019 on 13 November 2019. There was a lot of interest in these results because it was the first time that Sunrise had released public information since its plan to purchase the cable operator UPC (announced by the management in February 2019) was opposed by the majority of its shareholders in October 2019. This comment provides a brief summary of Sunrise’s financial and operational results, which are available in Analysys Mason’s DataHub as part of our Global Telecoms Data and European Telecoms Market Matrix programmes.