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Abonner Sunrise Communications AG

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.

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

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