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Sunrise Teams With Telefonica

MADRID -- Telefónica and Swiss mobile and fixed operator Sunrise today jointly announced that Sunrise will join the Telefónica Partners Program. The Program will allow Sunrise to leverage on Telefónica’s scale and to cooperate on key business topics. The partnership will allow both companies to capture additional efficiencies while enhancing service offerings to their respective customers.

By entering into this partnership, Sunrise will be able to access a set of services that will make some of Telefónica Group's scale benefits available to Sunrise. The companies agreed to cooperate under the framework of Telefónica Partners Program in the following areas: the possibility of conducting procurement of network equipment, IT and devices, among others, through TGS, Telefónica’s global procurement services unit; the provision of services to multinationals companies. Both companies will also explore collaboration opportunities in other areas such as Telefónica’s innovative products and services to capture growth opportunities of the digital world and international capacity and wholesale services. The partnership is effective immediately.

Telefónica SA (NYSE: TEF)

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