Tuesday, May 19, 2020

Sunrise & Salt establish FTTP Joint Venture in Switzerland

Sunrise and Salt are establishing an FTTP joint venture in Switzerland. Presentation available.
  • Name: Swiss Open Fiber
  • Equal shareholdings, with prospective equity partner for minority stake
  • Chairman Marc Furrer (formerly ComCom)
  • Target 1.5m HP with FTTP (10 Gb/s) in 5-7 yr (by 2027), from 20Q4
  • Max CHF 3b
  • Focus on underserved & non-urban areas (sub-urban, medium dense), 30-35% of all HH
  • Sunrise and Salt anchor tenants, open for all RSPs
  • To cooperate with Swiss Fiber Net (SFN) for platform (for delivery & commercialisation)
  • Expects agreements with partners (equity, debt, wholesale) in 3-4 mo

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