Sunrise announces the pricing of CHF 500 million senior secured notes due 2022 of Sunrise Communications Holdings S.A. Dienstag, 10. Februar 2015 - 18:25

About Sunrise

Sunrise is the second largest integrated telecommunications provider in Switzerland, based on revenues, and the leading alternative operator in both the mobile and landline retail voice markets, with approximately 2.5 million mobile and 0.4 million landline customers respectively as of December 31, 2014. Sunrise is the third-largest landline internet provider with approximately 327 thousand subscriptions and 107 thousand IPTV subscriptions as of December 31, 2014.

Sunrise offers a broad range of services, including mobile voice and data, landline voice & other (retail voice, business services and wholesale voice) and landline internet & IPTV, to both residential and business customers as well as to other operators. Sunrise has been consistently innovating in recent months notably through the successful launches of Sunrise Freedom (de-coupling of mobile hardware without fixed contract terms for the mobile service), Sunrise Home (flexible new fixed offering) as well as Sunrise Advantage (convergence offering). These recent innovations underpin Sunrise's commitment to deliver a best-in-class convergent experience.

The company markets its services primarily through the Sunrise brand and addresses clearly defined market segments with a multi-brand strategy through the MTV (Young & Youth), the yallo, Ortel and Lebara (Ethno) and Business Sunrise brands (business customers). Sunrise benefits from a 10,800 km nationwide state-of-the-art fiber network backbone. Sunrise provides mobile services through its own network based on GSM/GPRS/EDGE, UMTS/HSPA and LTE/4G technologies. As of December 31, 2014, Sunrise's UMTS/HSPA coverage was > 99% while its LTE/4G coverage had already reached approximately 85%. On the fixed side, Sunrise leverages more than 600 points of presence in its fully-invested LLU network, with a coverage of approximately 85% of households in Switzerland. The company has full access to the most advanced next-generation fiber technologies, such as vectoring, FTTS, FTTB and FTTH thanks to its partnerships with Swisscom, SFN and local utilities.

For the financial year ended December 31, 2013, the Company generated total revenue of CHF 2,021.2 million and Adjusted EBITDA of CHF 620.3 million. With offices all over Switzerland and its Headquartered in Zurich, Sunrise had a total of 1,852 FTE as of September 30, 2014.

For more information regarding Sunrise, please visit: www.sunrise.ch.

Legal Notice

This announcement is not and does not form a part of any offer for sale of securities.

The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States.

The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company nor any other person undertakes any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of the Directive 2010/73/EU of the Parliament and Council of November 4, 2003 as implemented by the Member States of the European Economic Area (the “Prospectus Directive”). The offer and sale of the Notes has been made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.