Sunrise's CEO Swantee, Chairman Kurer quit after failed Liberty Global deal

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Sunrise's CEO Swantee, Chairman Kurer quit after failed Liberty Global deal
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Sunrise Communications chief executive Olaf Swantee has quit and Chairman Peter ...

FILE PHOTO: CEO Olaf Swantee and chairman Peter Kurer of Swiss telecom company Sunrise attend the annual shareholder meeting in Zurich, Switzerland April 10, 2019. REUTERS/Arnd Wiegmann/File Photo

Freenet said it did not want to pre-empt strategic decisions by Krause but said they had received assurances from the incoming CEO that he sees a stand-alone future for Sunrise. Krause had previously backed the UPC combination. Krause declined a request from Reuters for an interview, with a spokeswoman saying he first wants to talk to employees and customers before going public in his new role.

In the months-long UPC fight, Swantee and Kurer had become the public faces of the deal, arguing it would have created a more powerful rival to state-owned market leader Swisscom .

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