Telco giant Liberty Global has reportedly sent a proposal to Vodafone Group regarding the acquisition of its stake in the Dutch joint venture, fixed-line and mobile operator VodafoneZiggo.

Liberty Global has already held negotiations with Vodafone over the last few weeks, according to a Bloomberg report, with a potential deal worth around €2 billion.

Liberty Global and Vodafone created fixed and mobile operator VodafoneZiggo as a joint venture in 2016 with both companies holding 50 per cent stakes.

If an agreement is reached, Liberty Global could merge VodafoneZiggo with its Belgian cable company Telenet to create a major operator in the Benelux region.

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Categories: Articles, Broadband, Business, M&A, Telco

Tags: Liberty Global, Vodafone, VodafoneZiggo