Mixed fortunes for Sunrise as price cuts hurt top-line

20 Mar 2014

Swiss full service provider Sunrise has registered a slight decline in revenues for the year to end-December 2013, as customer growth in the mobile market failed to offset the impact of increasing price erosion caused by strong competition from rivals Swisscom and Orange Switzerland. Sunrise booked total revenues of CHF2.02 billion (USD2.31 billion) for the twelve-month period, down from CHF2.07 billion in 2012. Whilst the operator grew its mobile customer base from 2.14 million to 2.49 million over the year, price erosion led to a sharp in ARPU from CHF44.5 to CHF39.9 and as a result, service revenues from the mobile market fell 3.3% year-on-year to CHF1.27 billion. Conversely, in the fixed internet space revenues increased by 8.2% to CHF197.62 million despite a decline in subscribers from 396,600 to 348,000, buoyed by ARPU growth of 4.5% to CHF37.5. Sunrise booked a slight dip in EBITDA from CHF629.23 million to CHF613.55 million, although EBTIDA margin remained flat at 30.4%.

Switzerland, Sunrise (formerly TDC Switzerland),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share