Liberty Global sells VodafoneZiggo tower assets to DigitalBridge-led consortium for €669 million

Type: Sale · Technology: Telecom · Country: Netherlands · Value: $778M · Announced: 2026-09-08

Liberty Global completed the sale of tower assets owned by its Dutch mobile carrier VodafoneZiggo to a consortium led by DigitalBridge for €669 million ($778 million). The transaction includes TD Greystone Infrastructure and L&G as joint owners of the acquiring entity. The deal values the assets at 16.2x their 2025 EBITDA and forms part of Liberty Global's strategy to raise between €1.2 billion and €1.4 billion from non-core asset disposals ahead of the Ziggo Group listing planned for the second half of 2027. Liberty Global finalized its buyout of Vodafone's 50 percent stake in the carrier in August 2026, having formed the VodafoneZiggo joint venture in 2016.

Analysis

Liberty Global sold the tower assets of its Dutch mobile carrier VodafoneZiggo to a consortium led by DigitalBridge for €669 million on 8 September 2026. DigitalBridge, a Boca Raton‑based alternative asset manager, oversees $114.8 billion of assets under management across data centers, fiber, cell towers and edge infrastructure. Legal & General Group Plc, the UK‑based financial services group, manages over £1.2 trillion in assets and participates in the acquiring consortium through its investment arms. The transaction values the tower portfolio at 16.2 times its projected 2025 EBITDA and involves joint ownership by TD Greystone Infrastructure and Legal & General. The sale is part of Liberty Global’s plan to raise €1.2‑€1.4 billion from non‑core disposals ahead of a Ziggo Group listing slated for the second half of 2027.

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