Liberty Global clears €669 million tower sale
- Liberty Global (NASDAQ:LBTYA) received European Commission clearance for VodafoneZiggo’s €669 million sale of passive tower assets to infrastructure investors.
- The transaction involves buyers DigitalBridge, TD Greystone Infrastructure, and L&G, with proceeds expected to support VodafoneZiggo debt reduction.
- Liberty Global said the sale forms part of a €1.2 billion–€1.4 billion non-core asset disposal program linked to Ziggo Group’s planned listing.
Liberty Global (NASDAQ:LBTYA) received EU Commission approval for the sale of VodafoneZiggo’s passive tower assets to infrastructure investors for €669 million.
The buyers include DigitalBridge, TD Greystone Infrastructure, and Legal & General, with Liberty Global continuing to expect the transaction to close by the end of 2026.
The company said proceeds from the transaction will support debt reduction at VodafoneZiggo, while the disposal is part of a broader plan to sell €1.2 billion–€1.4 billion of non-core assets.
VodafoneZiggo reported overall revenue growth in the third quarter of 2026 and recorded its strongest broadband net customer additions since 2019, while completing its DOCSIS 4 network upgrade.
Liberty Global provides broadband, mobile, and digital connectivity services across multiple European markets, including its investment in VodafoneZiggo in the Netherlands.
