The story
In the 1930s, the first cable network operators started to broadcast a variety of radio channels to households via cable. One of these cable network operators, Rediffusion S.A., which was established in 1931, transmitted radio programmes via wire broadcasting. At the end of the 1950s, Rediffusion S.A. broadcast the first black and white television channels from the Uetliberg. In 1994, Rediffusion and other independent cable network companies merged to form Cablecom, owned by Siemens, VEBA and Swisscom.
Cablecom acquired the successful Internet service provider SwissOnline in 1998. Over the following years the cable operator grew by acquiring various cable network companies including, for instance, Balcab and Sitel. These takeovers allowed Cablecom to extend its network in further parts of Switzerland In 2000, the previous owners of Cablecom sold out to British-American NTL for 5.8 billion Swiss francs. In the years that followed, operational activities were sustainably improved. In the wake of financial difficulties NTL sold Cablecom to a group of banks and private investors in 2003.
The owners planned to go public with Cablecom in the middle of October 2005. After Liberty Global Europe, a wholly owned subsidiary of Liberty Global, acquired Cablecom for 2.8 billion on 30 September 2005, the planned IPO was withdrawn. In the years that followed, Cablecom invested in expanding its network. In 2007, the company launched high-definition television (HDTV). Two years later, Cablecom introduced its first combination deals (package with Internet, telephony and television). In 2010, Cablecom launched the DigiCard enabling customers to enjoy digital TV without having to connect an additional device to their television set. In 2011, Cablecom began offering Video on Demand with 3D content.
Cablecom was relaunched as upc cablecom in April 2011. In the course of rebranding the red wrench was replaced by a new logo in the form of a lotus blossom. A coloured version of the light blue logo used by UPC Broadband (at that time the operating company of Liberty Global).
On 14 January 2013, UPC introduced the Horizon set-top box. This system comprises a set-top box for digital television and HDTV, combined with an Internet modem with WLAN, IP telephony and a hard disk recorder.
On 1 August 2015, Liberty Global brought together the two sister companies, UPC Cablecom and UPC Austria, to create a joint regional organisation based in Zurich.
Since 25 May 2016, UPC Cablecom has been known simply as UPC.
On 1 August 2018 UPC Austria was taken over by T-Mobile Austria and in May 2019, the new brand identity Magenta Telekom was presented.
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On 1 September 2018, Severina Pascu took over the role of CEO from Eric Tveter, who had been CEO since 2009.
On 27 February 2019, Sunrise Communications AG announced it intent to buy UPC Switzerland. The merger was cancelled on 18 December 2019.
On May 23, 2022, UPC was discontinued in favor of Sunrise.
From Wikipedia’s article on UPC Switzerland, shared under CC BY-SA 4.0.3