Orange Switzerland bought by British

The number three in the Swiss telecoms market has a new owner. France Télécom is selling Orange Switzerland to the British Apax holding.

This content was published on December 24, 2011 - 13:27 and agencies

The sale, agreed on Friday night, is worth SFr2 billion ($2.14 billion). It still needs approval by the Swiss authorities.

Orange Switzerland had a turnover of SFr1.3 billion in 2010.

France Télécom said the sale was an important step in its optimisation strategy. It had already announced in July that it planned to sell its Swiss unit.

Founded in 1999, Orange Switzerland had 1.6 million customers as of the end of September 2011. It employs some 1,200 people.

This article was automatically imported from our old content management system. If you see any display errors, please let us know:

Comments under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Share this story

Join the conversation!

With a SWI account, you have the opportunity to contribute on our website.

You can Login or register here.