In October 2010, CVC Funds completed the acquisition of Sunrise, the Swiss subsidiary of the Danish telecom provider, TDC.
Sunrise is the largest privately held telecommunications provider in Switzerland, with offices in Zurich, Bern, Biel and Renens. More than 2.89 million customers use its services in the areas of mobile telephony, fixed network and the internet. Its mobile network, which is based on GSM, EDGE, UMTS and HSDPA technologies, covers over 99% of the population with state-of-the art mobile network services with transfer rates of up to 100 Mbps. A high-performance fibre-optic network, with a total length of 10,000 km, enables high-quality voice and data services to be offered throughout the country. Sunrise is able to reach around 80% of households with its own broadband services and, in addition, operates 80 centres throughout Switzerland.
On 27 April 2012, Sunrise announced its election of a new technology partner, Huawei, in an effort to further modernise and expand its entire mobile and fixed network infrastructure. Click here to read the full press release.