Liberty Global unit acquires local Swiss player

UPC Central Europe – the Liberty Global unit for Austria and Switzerland – has acquired the local cable network operated by Regionalantenne Ermatingen AG (RAE AG) in Ermatingen in the canton of Thurgau in the north-eastern part of Switzerland.

RAE AG has been a partner of UPC and its predecessors since 1989. The company’s network operates a HFC cable network in the town, with about 1,100 customers.

“The future-proof glass fibre optic infrastructure requires a high level of expert knowledge, financial and technical resources, as well as competent advice for customers. UPC can offer our customers all of this, so that the future of the glass fibre optic cable network in Ermatingen is secured,” said RAE AG in a statement.

The utility will be dissolved with the sale of the network.