The British telecommunications company Liberty Global Ltd. has sent a proposal to Vodafone Group Plc regarding the acquisition of its stake in the Dutch joint venture VodafoneZiggo. This is reported in a Liberty press release.
Earlier, Liberty Global held several rounds of negotiations with Vodafone on the proposed deal, which is estimated to be worth over 2 billion euros ($2.2 billion). The Vodafone Ziggo joint venture was established on a 50/50 basis in 2016.
If an agreement is reached, Liberty Global may subsequently merge the Dutch fixed-line and mobile operator VodafoneZiggo with its Belgian cable company Telenet to create a major operator in the Benelux countries.
In 2024, Liberty Global began restructuring its portfolio in order to increase the value of its shares. In particular, Liberty has registered the Swiss fixed-line network Sunrise Communications AG and separated the British operator Virgin Media O2 into a separate company.
European operators began to seek to consolidate assets in order to expand operations and increase profits against the background of the statement by the EU leadership on the development of new rules in the field of telecommunications, which will be published at the end of 2025.
Liberty Global is a multinational telecommunications company in the field of converged broadband, video and mobile communications. The company offers a wide range of services, including fiber optic and 5G networks, and actively invests in infrastructure, content, and technology projects through the investment arm of Liberty Global Ventures. It is headquartered in London, England with offices in Switzerland, Belgium, Ireland and Slovakia and joint ventures in the UK and the Netherlands.
Vodafone Group is a British multinational telecommunications company and one of the world's largest mobile operators. The headquarters is located in Newbury (England) with offices in Asia, Africa, Europe and Oceania.
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