Salt does not want to play in Swiss M & A poker
The Salt management said in an interview with FuW that a deal would "dilute" their investment in the mobile operator.
The number three in mobile communications, Salt, and the Swiss cable network provider UPC are located in Renens near Lausanne in the same building. However, the similarities are almost over. A contract, through which UPC can make a mobile offer on the basis of the Salt network, ends in 2018. And a co-operation between the two companies against Swisscom is not in sight, according to Salt board member Olivier Rosenfeld.
"We have completely transformed Salt since it was acquired by NJJ in the spring of 2015. We invested a lot, brought network and IT back into the house and made the company more agile and profitable. An M & A transaction in Switzerland would dilute our investment. Therefore, a consolidation step involving Salt is not likely, »says Rosenfeld in an interview with« Finanz und Wirtschaft ».