Sunrise Communications Group AG: Debt reduction benefit from tower sale offset by dividend increase and lower operational flexibility
CORPORATES ISSUER COMMENT 1 June 2017 RATINGS Sunrise Communications Group AG LT Corporate Family Ratings Ba2 Outlook Stable Sunrise Communications Holdings S.A. Senior Secured Ba2 Outlook Stable Source: Moody's Investors Service Contacts Laura Perez, CFA 34-91-768-8216 VP-Senior Analyst [email protected] Ivan Palacios 34-91-768-8229Sunrise Communications Group AG is a Switzerland-based company that provides telecommunication services. The Company provides services in the area of mobile communications, fixed network, Internet and digital television (TV). Sunrise Communications AG also provides Prepaid Cards, Contract Extension, Help and Support services. It offers mobile phones, tablets, modems and Apple-products, as well as accessories such as chargers or phone headphones. Sunrise Communications AG provides its services to its various clients in the private and public sectors across the Swiss market. The Company's brands include Sunrise, Business Sunrise, Gif Me More, yallo, ortel Mobile and Lebara.
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