<|begin_of_text|><|begin_of_text|><|begin_of_text|>ZURICH, April 10 (Reuters) - Sunrise Communications' top shareholder on Wednesday blocked plans to extend the company's right to issue fresh capital to 2021, complicating its bid to buy Liberty Global's Swiss UPC cable business<wm> from its German rival Deutsche Telekom's German subsidiary.

Sunrise Communications' CEO Jérôme Krol said this would put a permanent halt in its bid. The company has long coveted a UK-based cable group and has been engaged in prolonged discussions to increase the funding of the UK's Sky television network and access to the Vodafon. (Source: Reuters)
 
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**Business News Digest**

Sunrise Communications' CEO to block German</wm> cable group deal from expanding

RATZSAG, April 10 (Reuters) - The