May 19, 2020 / 4:52 AM / 11 days ago

BRIEF-Sunrise And Salt Enter Strategic Partnership

May 19 (Reuters) - SUNRISE COMMUNICATIONS GROUP AG:

* SALT AND SUNRISE TO ENTER A STRATEGIC PARTNERSHIP TO DELIVER FIBER BASED BROADBAND SERVICES TO 1.5 MILLION HOMES IN SWITZERLAND

* NETWORK ROLL-OUT OPERATIONS ARE EXPECTED TO BE INITIATED IN 4TH QUARTER OF 2020.

* INVESTMENTS OF UP TO CHF 3 BILLION

* SWISS OPEN FIBER TARGETS TO REACH 1.5 MILLION OF HOMES PASSED IN COMING 5-7 YEARS, FOR A TOTAL INVESTMENT OF UP TO CHF 3 BILLION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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