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Salt Mobile
Salt Mobile SA (formerly Orange Switzerland) is a Swiss telecommunications company focusing on mobile telephony and fiber-optic fixed-line telephony services. It operates the third-largest mobile network in Switzerland, with 17% market share. History Salt was founded in 1999 as the Swiss subsidiary of Orange, and began offering its telecommunications services in mid-1999. The merger with Sunrise was prohibited by the Swiss competition authority WEKO in April 2010. Later, in 2012, it was sold to the British investment company, Apax Partners. It continued to license and operate under the Orange name until 2015, when the company was sold by Apax Partners to NJJ Holding of Xavier Niel and the Salt brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ... was launched. Reference ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Network
A cellular network or mobile network is a telecommunications network where the link to and from end nodes is wireless and the network is distributed over land areas called ''cells'', each served by at least one fixed-location transceiver (such as a base station). These base stations provide the cell with the network coverage which can be used for transmission of voice, data, and other types of content via radio waves. Each cell's coverage area is determined by factors such as the power of the transceiver, the terrain, and the frequency band being used. A cell typically uses a different set of frequencies from neighboring cells, to avoid interference and provide guaranteed service quality within each cell. When joined together, these cells provide radio coverage over a wide geographic area. This enables numerous devices, including mobile phones, tablets, laptops equipped with mobile broadband modems, and wearable devices such as smartwatches, to communicate with each other a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xavier Niel
Xavier Niel (; born 25 August 1967) is a French billionaire businessman. He is involved in the telecommunications and technology industry and is the founder and majority shareholder of the French Internet service provider and mobile operator Iliad trading under the Free brand (France's second-largest ISP, and third mobile operator). He is also co-owner of the newspaper ''Le Monde'', co-owner of the rights of the song "My Way" and owner of Monaco Telecom, Salt Mobile and Eir. He is chairman and chief strategy officer for Iliad, and also a board member of KKR, Unibail-Rodamco-Westfield, and ByteDance. , his net worth is estimated at US$9.9 billion. Early life and education Xavier Niel was born into a middle-class family; his father is a lawyer for a pharmaceutical laboratory, and his mother is an accountant. He studied in the 12th arrondissement of Paris at the Saint-Michel-de-Picpus Catholic private high school. Niel started early by developing telecommunication and data ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apax Partners
Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of March 2024, the firm had raised and advised funds of approximately US$77 billion. Apax Partners is one of the oldest and largest private equity firms operating on an international basis. Apax invests across three sectors: technology, internet/consumer and services. It looks for investments in a target Enterprise Value of $100–5,000 million. Apax raises capital for its investment funds through institutional investors including corporate and public pension funds, university and college endowments, foundations and fund of funds. History In 1972, Ronald Mourad Cohen and Maurice Tchénio founded the advisory firm Multinational Management Group (MMG) in London, Paris, and Chicago, marking the beginning of Apax Partners. In 1977, they formed a partnership with early venture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Company
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the Investment Company Act of 1940. Investment companies invest money on behalf of their clients who, in return, share in the profits and losses. Investment companies are designed for long-term investment, not short-term trading. Investment companies do not include brokerage companies, insurance companies, or banks. In United States securities regulation, there are at least five types of investment companies: * Open-End Management Investment Companies (mutual funds) * Face-amount certificate companies: very rare * Closed-End Management Investment Companies (closed-end funds) * UITs ( unit investment trusts): only issue redeemable units * Exchange-traded funds ( ETFs) In general, each of these investment companies must register under th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Commission Of Switzerland
The Competition Commission (COMCO) is the Swiss competition regulator. Created in 1995, the commission is subordinated to the Federal Department of Economic Affairs, Education and Research but operates independently. It is responsible for the enforcement of Swiss competition law (in particular cartel law). It is made up of twelve members (on a militia basis) and will employ around seventy people in 2023. Composition and organization Members of the Commission The members of COMCO are appointed by the Federal Council. It is composed of eleven to fifteen members. The Cartel Act stipulates that the majority of COMCO members must be independent experts. However, some members may be representatives of umbrella organizations. The members hold a militia position, i.e. it is not a full-time post, but the members carry out another activity in parallel (e.g. university lecturer). Commission members must, however, declare their interests. The umbrella organisations represented on th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunrise Communications
Sunrise LLC, doing business as Sunrise, is a Swiss telecommunications provider based in Zurich. It provides mobile, TV and landline phone and internet services. Since February 2019, Sunrise headquarters are located at Thurgauerstrasse 101b, Glattpark Opfikon. Formerly a subsidiary of TDC A/S, Sunrise had been owned by CVC Capital Partners until 2015. In February 2015, CVC realised an IPO on the SIX Swiss Exchange. Since then, Sunrise stocks are publicly traded at the Swiss Stock Exchange. In August 2020, Liberty Global announced that it will be acquiring Sunrise for $7.4 billion. The transaction was completed on November 11, 2020. In November 2024, Liberty Global completed the spin-off of Sunrise, turning it into an independent public entity operating autonomously in the Swiss telecommunications market. History The current company was created out of the fusion between diAx and the original Sunrise Communications in 2001. diAx was founded in 1997, started operating in December 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Clayt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Telecommunications Service
A telecommunications company is a kind of electronic communications service provider, more precisely a telecommunications service provider (TSP), that provides telecommunications services such as telephony and data communications access. Many traditional solely telephone companies now function as internet service providers (ISPs), and the distinction between a telephone company and ISP has tended to disappear completely over time, as the current trend for supplier convergence in the industry develops. Additionally, with advances in technology development, other traditional separate industries such as cable television, Voice-over IP (VoIP), and satellite providers offer similar competing features as the telephone companies to both residential and businesses leading to further evolution of corporate identity have taken shape. Due to the nature of capital expenditure involved in the past, most telecommunications companies were government owned agencies or privately-owned mono ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orange (telecommunications)
Orange S.A. (; formerly , stylised as france telecom) is a French multinational corporation, multinational telecommunications corporation founded in 1988 and headquartered in Issy-les-Moulineaux, near Paris. ''Orange'' has been the corporation's main brand for mobile phone, mobile, landline, internet and Internet Protocol television (IPTV) services since 2006. It traces its origins back to Hutchison Whampoa acquiring a controlling stake in Orange UK, Microtel Communications in 1994 in the United Kingdom. Microtel Communications became a subsidiary of Mannesmann in 1999 and then was acquired by ''France Télécom'' in 2000. The former French public telecoms monopoly thus became internationalized following this takeover and has pursued an expansionist policy since. The group now operates in many countries in Europe, Africa and in the French West Indies. Since February 2012, as a result of the company's decision to transfer its fixed-line telephony operations to its ''Orange'' brand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
