Sunrise Communications AG

TDC Switzerland performed better than projected

    Zurich (ots) - TDC Switzerland performed better than projected in the outlook for 2001. Net revenues totaled CHF 1555m and EBITDA was CHF -15.4m.

    Performance TDC Switzerland 2001

    Mobile services          CHF    746m
    Wireline & Internet    CHF    809m
    Net revenues, total    CHF  1555m
    EBITDA                         CHF -15.4m

    Since TDC achieved control of TDC Switzerland at the beginning of 2001, the management team has rapidly executed a transition and consolidation strategy. TDC Switzerland focused on reaping the synergy benefits from the merger while increasing the momentum in the market place. The outcome of this initiative is a company with an improved market position and a strong foundation for growth.

    The synergy and cost-reduction programs included a reduction in the number of call centers and other offices as well as a reduction in other costs related to administration, marketing and network transmission. In addition, the staff was reduced 12% to approximately 2,200.

    TDC Switzerland also launched an image campaign and increased its customer base while sunrise's mobile infrastructure was expanded significantly, bringing coverage on a par with the leading competitor in Switzerland.

    As TDC Switzerland's figures show how many people actually use sunrise services only those customers who regularly surf or make phone calls through sunrise are counted as sunrise customers. At the end of 2001, TDC Switzerland's controlled customer base comprised 944,000 mobile customers, up 62%, 499,000 Internet customers, up 25%, and 786,000 landline customers, up 15%. These figures only include active customers.

    In November, TDC Switzerland launched ADSL, adding an important element to the total product portfolio. The offer resulted in a strong customer intake during November and December.

    sunrise

    sunrise is the brand name of TDC Switzerland AG, the company resulting from the merger of the telecommunications companies diAx and sunrise. The shareholders' meeting of TDC Switzerland AG is made up of: Tele Danmark 78.72%, d Holding 16.99%, SBB 2.34% and UBS 1.95%. sunrise offers its customers state-of-the-art telecommunications services in the areas of mobile phone, fixed network and Internet. The sunrise mobile phone network has the most modern GSM dual band infrastructure in Switzerland and already provides a mobile phone coverage of 97%.  sunrise disposes of a high-quality, high-performance fiber optic network with a total length of 5900 kilometers - Swiss-wide. Presently, sunrise has approximately 2100 employees.

ots Originaltext: sunrise
Internet: www.newsaktuell.ch

Contact:
Monika Walser / Mathieu Janin
Hofwisenstrasse 50
8153 Rümlang
E-Mail: media@sunrise.ch
Phone 0800'333'000
Fax 0800'333'001
Phone international: +41/1/300'91'01
Fax international: +41/1/300'41'71



Weitere Meldungen: Sunrise Communications AG

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