Salt Mobile weighs lawsuit against Sunrise over Liberty Global’s $7.4 bln offer

ZURICH: Salt Mobile SA said on Thursday it may launch legal proceedings against rival Swiss phone company Sunrise Communications over Liberty Global’s $7.4 billion takeover offer.

Salt Mobile, which is owned by French billionaire Xavier Niel and operates in Switzerland, believes the deal may violate terms of a now-paused $3.1 billion broadband joint venture, called Swiss Open Fibre, that Salt and Sunrise had announced in May.