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Sunrise Communications AG Company Profile
Sunrise Communications doesn't care what time of day you talk on the phone. The second-largest cellular phone service provider in Switzerland (behind Swisscom), Sunrise Communications counts almost 2 million mobile subscribers on its GSM network. It also offers fixed-line service to about 500 customers and counts about 350 Internet users. (The country is home to about 8 million people). The company's low-cost mobile and text plan is called yallo. Swiss regulators blocked Sunrise Communications' planned 2010 merger with the country's third-largest provider, Orange Communications; the company was then sold to global private equity firm CVC Capital Partners for CHF 3.3 billion (about the same in US dollars).