- CEO
- André Krause
- Full Time Employees
- 2,850
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- Thurgauerstrasse 101b Opfikon Switzerland
- IPO Date
- Nov 4, 2024
- Business
- Sunrise Communications AG, Switzerland's second-largest telecommunications provider and leading challenger operator headquartered in Opfikon, operates through three segments covering residential customers, business customers and wholesale, and infrastructure and support functions; it delivers high-quality mobile voice, SMS and data services including prepaid and postpaid plans, international calling and roaming, landline telephony, fixed broadband internet, and internet protocol television via its hybrid fiber-coaxial network and world-class 5G mobile infrastructure with the highest gigabit coverage in the country; the company employs a multi-brand strategy encompassing premium Sunrise offerings, smart-shopper yallo and swype brands, budget-oriented Lebara mobile services focused on international calling, and UPC-branded products, alongside value-added business solutions such as 360-degree communications, integrated ICT for connectivity, cybersecurity, IoT, cloud services, device-as-a-service, device protection, identity protection, Sunrise Pay, MySports pay TV platform for Swiss ice hockey, and carrier wholesale services. Founded in 1996 with roughly 2,850 employees from over 80 nations serving approximately 3.7 million customers nationwide through retail outlets, online platforms, apps and partners, Sunrise targets residential consumers across premium, young, and price-sensitive segments as well as business clients pursuing digitalization. In November 2024, Sunrise completed a spin-off from Liberty Global Ltd., becoming an independent publicly traded entity listed on the SIX Swiss Exchange (SUNN) and Nasdaq via American depositary shares (SNRE) with an initial market capitalization of USD3.2 billion; subsequent to the spin-off, the company secured a USD1.3 billion Term Loan B refinancing due 2032 through Sunrise Financing Partnership and launched strategic initiatives including 5G Standalone rollout and a new Swiss Connect mobile portfolio to accelerate commercial momentum.