Sunrise Communications acquires Treternity Ortel Mobile AG
On July 18, 2013, Sunrise Communications AG successfully closed the acquisition of Treternity Ortel Mobile Switzerland AG, Lachen from three individual sellers for an undisclosed consideration. Treternity Ortel Mobile AG is a provider of mobile prepaid services with a focus on low cost international tariffs for calls from Switzerland.
Lenz & Staehelin advised Sunrise Communications AG in this transaction. The team included Hans-Jakob Diem (Partner, lead), Stefan Scherrer and Simone Ehrsam (both corporate), Mario Strebel (Competition), Philipp Frech (IT), Raphael Nusser (IP), Andreas Lienhard (Employment) and Lukas Scherer.