Vodafone pulls out of Netherlands as Liberty takes control

Joe Purnell2026-02-18T19:55:00

Source: VodafoneZiggo

In depth: Liberty Global will take full control of VodafoneZiggo en route to a Sunrise‑style spin‑out of a new Benelux entity, while Vodafone steps back with a minority holdco stake in its latest European portfolio reshaping…

This article includes:

Themes: Attractive valuation; Benelux consolidation; Cross‑border synergies; Enterprise value (EV); Fixed‑mobile convergence (FMC); Holdco restructuring; Market exit; Merger and acquisition (M&A); Operational turnaround; Portfolio reshaping; Spin‑off strategy; Value creation.
Events: Benelux HoldCo formation; Euronext listing; FY25 earnings; FY26 guidance; Joint venture dissolution; Sunrise‑style spin‑out; VodafoneZiggo stake sale; Ziggo Group launch.
People: Margherita Della Valle; Mike Fries; Stephen van Rooyen.
Geographic: Belgium; Benelux; Netherlands; Switzerland; UK.
Organisations: Liberty Global; Sunrise; Swisscom; Telenet; Vodafone; VodafoneZiggo; Zegona Communications; Ziggo Group.

This is TelcoTitans Professional Subscription content. Subscribe now.

Already a subscriber? Sign in here, or contact us to check if your company has access.

Become a TelcoTitans Professional Subscriber

Read this article and get full access to all TelcoTitans premium telco and digital infra content by subscribing today.

TelcoTitans Professional subscriptions include:

Full access to all TelcoTitans online news, insight and analysis, including Professional-only and deep-dive content on leading tier-1 telcos
Professional-only premium weekly CSP briefings and newsletters
Industry-leading insight and analysis that you simply cannot get anywhere else

“Super intelligence, consistently high quality, compact and easy to digest” – Deloitte.

Subscribe to TelcoTitans Professional today