Sunrise Communications AG (SNREV) operates as Switzerland's leading challenger telecommunications provider with a strong number two market position, offering mobile voice, SMS and data services on prepaid and postpaid plans including international calling and roaming; broadband internet, fixed-line telephony and internet protocol television via hybrid fibre-coaxial, fibre and copper networks; TV content through platforms such as MySports for Swiss National League ice hockey and The TV Shop for over-the-top providers; and device-as-a-service alongside sales of third-party mobile phones, tablets and accessories to residential customers; while serving business customers and wholesale partners with 360-degree communications, integrated ICT solutions encompassing connectivity, cybersecurity, cloud services, mobile private networks, Internet of Things and modern workplace offerings under brands including Sunrise, yallo, Lebara, Swype and UPC. The company, founded in 1996 and headquartered in Opfikon near Zurich, maintains comprehensive nationwide mobile network coverage with the highest gigabit speeds and fixed network access reaching over 95% of Swiss households, targeting premium, smart-shopper and budget segments through its multi-brand strategy and approximately 2,850 international employees. In a major strategic shift, Sunrise completed its spin-off from Liberty Global Ltd in November 2024 to become an independent publicly traded entity listed on the SIX Swiss Exchange under ticker SUNN and Nasdaq under SNREV, enabling direct shareholder participation in its growth; it followed with its first post-spin-off financing in February 2025 via a $1.3 billion Term Loan B issuance due 2032 and secured notes, alongside October 2025 bond transactions including $650 million in senior secured notes due 2032 to support operations and deleveraging.