Liberty Global receives EU clearance for €669 million VodafoneZiggo tower sale
The tower sale is one of several non-core disposals tied to the planned listing of Ziggo Group in Amsterdam in mid-2027.
Key takeaways
- Liberty Global Ltd. (LBTYA) said on Oct. 14, 2026 that the EU Commission has cleared the sale of passive tower assets of its VodafoneZiggo unit to DigitalBridge, TD Greystone Infrastructure and L&G. The total consideration is €669 million, and the deal is expected to close by year-end. The sale is part of a targeted €1.2-1.4 billion of non-core disposals.
Liberty Global Ltd. (LBTYA) said in a filing that the EU Commission has cleared the sale of passive tower assets owned by its VodafoneZiggo unit. The buyers are DigitalBridge, TD Greystone Infrastructure and L&G.
The total consideration is €669 million. The company continues to expect the deal to close by year-end.
The sale is part of a targeted €1.2-1.4 billion of non-core asset disposals. The company said these disposals support the intended listing of Ziggo Group in Amsterdam in the middle of 2027, through a spin-off transaction.
The company said proceeds from the tower sale will be used to support de-leveraging at VodafoneZiggo.
Chairman and CEO Mike Fries said: "We welcome the swift EU Commission clearance regarding the sale of our Dutch towers which represents another important step towards the compelling listing of Ziggo Group next year."
The press release also includes preliminary, unaudited information on VodafoneZiggo's expected operating and financial results for the three months ended Sept. 30, 2026. It states that VodafoneZiggo had overall revenue growth in the quarter, but it gives no figures.
Fries also said VodafoneZiggo's "How we win plan" has driven record commercial momentum during the third quarter of 2026.
Liberty Global will release its third quarter 2026 results on Tuesday, Nov. 3, 2026. Its investor call begins at 9:00 a.m. Eastern Time.