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Switzerland's second-largest telecom operator, providing mobile, broadband internet and TV services.
Switzerland's second-largest telecom operator, providing mobile, broadband internet and TV services.
Sells monthly subscriptions, increasingly as bundles of mobile, home internet and TV, so one customer is billed for several services. Its cable network came from the 2020 acquisition of UPC, the former Liberty Global business, alongside its own mobile network. Liberty Global spun it off as a separate listed company in 2024.
In one line: A Swiss T-Mobile/Charter hybrid, the #2 national telecom.
Moat: narrow (scale, installed base, network effects). Second-largest national network with a sizable subscriber base and infrastructure scale.
Headquarters: Zurich, Switzerland · Founded: 1997 · Employees: 2,897
Size Sunrise Communications (SUNN.SW) is a Switzerland Communication Services company (Wireless Telecommunications) with a market value of $3.92B, the 67th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 44.10 on 6 Nov 2026.
Performance Over six months the shares gained 2.3%, against -17.0% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 8th highest of 20 in its peer set.
Growth Revenue fell 1.1% over the last twelve months (peer median +6.5%); the operating margin is 2.9% (peer median 13.1%).
Valuation It trades at 3.0× enterprise value to sales against a peer median of 3.0× (11th cheapest of 21).
Capital Return on invested capital runs 4.3 points below its cost of capital (5.0% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | CHF 2.97B | CHF 2.98B | CHF 3.02B | CHF 3.04B |
| Revenue growth | — | -1% | -1% | — |
| Gross profit | CHF 665M | CHF 656M | CHF 733M | CHF 654M |
| EBITDA | CHF 1.12B | CHF 1.10B | CHF 1.09B | CHF 1.13B |
| Net income | -CHF 119M | -CHF 112M | -CHF 366M | -CHF 221M |
| Free cash flow | CHF 690M | CHF 600M | CHF 540M | n/a |
| Capital expenditure | CHF 338M | CHF 708M | CHF 593M | n/a |
| Total debt | CHF 5.71B | CHF 5.61B | CHF 6.55B | n/a |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Sunrise Communications SUNN.SW | $3.92B | +2% | -1% | 3% | 3.0× | 21.2% |
| Swisscom SCMN.SW | $45.7B | +7% | +14% | 16% | 3.6× | 3.7% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SUNN.SW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.8% | -2.9% | 3rd highest of 21 |
| 6-month return | +2.3% | -17.0% | 8th highest of 20 |
| Distance from 52-week high | -12.5% | -30.2% | 4th highest of 21 |
| Revenue growth (TTM) | -1.1% | +6.5% | 5th lowest of 21 |
| Operating margin | 2.9% | 13.1% | 5th lowest of 21 |
| EV / Sales | 3.0× | 3.0× | 11th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 21.2% | -1.2% | 3rd most demanding of 16 |
| ROIC minus cost of capital | -4.3 pp | +1.6 pp | 7th lowest of 21 |
| EV / EBITDA | 7.9× | 7.4× | 8th most expensive of 17 |
| Net debt / EBITDA | 5.0× | 1.2× | 2nd most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Sunrise Communications SUNN.SW | Switzerland | $3.92B | +2% | -1% | 3% | 3.0× | 21.2% | n/a |
| Turkcell Iletisim Hizmetleri A.S. Sponsored ADR TKC | United States | $4.02B | -31% | +16% | 15% | 1.0× | -12.0% | +8.1% |
| Telephone and Data Systems TDS | United States | $3.54B | -29% | -74% | -3% | 3.1× | n/a | n/a |
| Guangzhou Haige Communications 002465.SZ | China | $3.43B | -38% | +1% | -16% | 6.0× | n/a | n/a |
| VEON Ltd. Sponsored ADR VEON | United States | $4.95B | +57% | +15% | 23% | 1.8× | -4.8% | -9.1% |
| Orange Polska OPL.WA | Poland | $5.53B | +7% | +5% | 9% | 2.1× | 13.2% | +2.7% |
| TPG Telecom TPG.AX | Australia | $5.58B | +1% | -5% | 8% | 2.4× | 8.1% | +3.0% |
| Array Digital Infrastructure AD | United States | $2.59B | -46% | -94% | 1% | 15.8× | n/a | n/a |
| Elisa ELISA.HE | Finland | $6.11B | -17% | 0% | 20% | 3.1× | -2.7% | +3.6% |
| Digi Spain Telecom, S.A. Unipersonal DIGIS.MC | Spain | $2.16B | n/a | +19% | 6% | 2.8× | n/a | n/a |
| Okinawa Cellular Telephone 9436.T | Japan | $1.90B | -3% | +5% | 24% | 3.3× | -3.7% | +3.1% |
| TIM S.A. Sponsored ADR TIMB | United States | $8.61B | -24% | +14% | 25% | 2.1× | -12.4% | +7.3% |
| Bharti Hexacom BHARTIHEXA.NS | India | $8.84B | +10% | +8% | 29% | 9.2× | 33.4% | +15.2% |
| PT Telkom Indonesia (Persero) Tbk Sponsored ADR TLK | United States | $10.3B | -35% | -3% | 24% | 1.6× | -16.1% | -1.1% |
| Anterix ATEX | United States | $1.46B | +33% | +19% | -579% | 190.7× | 45.3% | +47.8% |
| Globalstar GSAT | United States | $10.9B | +3% | +8% | 5% | 38.9× | n/a | n/a |
| SKTelecom 017670.KS | South Korea | $12.1B | -18% | +2% | 10% | 0.9× | -9.8% | +1.2% |
| Far Eastone Telecommunications 4904.TW | Taiwan | $12.2B | +17% | +10% | 15% | 3.8× | 3.8% | +6.8% |
| Airtel Africa AAF.L | United Kingdom | $13.5B | -33% | +27% | 34% | 2.5× | -1.2% | +10.0% |
| Telecom Italia TIT.MI | Italy | $13.6B | -20% | 0% | 11% | 1.8× | 5.3% | -2.8% |
| Millicom International Cellular TIGO | United States | $13.9B | +3% | +29% | 23% | 3.5× | 3.6% | +6.9% |