Liberty’s Fries foresees second Sunrise as Ziggo spinout races ahead

Neal Doran2026-07-29T11:54:00

Source: DennisM2 CC0 1.0

Liberty Global CEO Mike Fries sees tailwinds for European telecoms business, floats potential for fast completion of restructuring, and anticipates materially higher-than-expected synergies as VodafoneZiggo joins Telenet for Benelux grouping, replicating perceived successes of Sunrise spin-out in 2024.

This article includes:

Themes: Artificial intelligence (AI); Benelux restructuring; Broadband customer growth; Deregulation; Fibre build; Fibre collaboration; Fibre market rationalisation; Free cash flow; Leveraging and deleveraging; Network sharing; Operational turnaround; Shareholder value; Spin-off; Synergies; Telecoms sovereignty.
Events: Liberty Global Q2 FY26 results.
People: Charlie Bracken; Mike Fries; Stephen van Rooyen.
Geographic: Belgium; Benelux; Europe; Flanders; Netherlands; Switzerland; United Kingdom.
Organisations: Belgian Competition Authority (BCA); DELTA Fiber; Euronext; Liberty Global; Proximus; Sunrise; Telenet; Virgin Media O2; Vodafone; VodafoneZiggo; Wyre; Ziggo Group.

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