At what enterprise value was VODAFONE ZIGGO acquired in 2026?

You can find the full valuation details of VODAFONE ZIGGO on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the TMT (Tech, Media, Telecom) industry currently tracks an average EBITDA multiple of 14.5x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of VODAFONE ZIGGO when it was acquired by LIBERTY GLOBAL?

The estimated EV/EBITDA multiple for VODAFONE ZIGGO is in the range of 5x - 12x. For comparison, the TMT (Tech, Media, Telecom) sector currently shows an average EBITDA multiple of 14.5x. Join our community for free to access full valuation data and industry trends.

When was VODAFONE ZIGGO acquired by LIBERTY GLOBAL?

VODAFONE ZIGGO was acquired by LIBERTY GLOBAL in 2026.

What was the EBITDA of VODAFONE ZIGGO during the acquisition?

VODAFONE ZIGGO's EBITDA is estimated to be in the range of 1b - 3b EUR. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the VODAFONE ZIGGO acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the VODAFONE ZIGGO deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://markets.ft.com/data/announce/detail?dockey=1323-17466992-34CA170F8KH33OV4KF50DAIB31

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Home Database TMT (Tech, Media, Telecom)VODAFONE ZIGGO

02/2026

VODAFONE ZIGGO acquired by LIBERTY GLOBAL

NETHERLANDS Telecom / Operators EV 3b - 100b EUR

Context

Liberty Global is acquiring the remaining 50% stake in VodafoneZiggo from Vodafone Group Plc. This transaction was initiated to consolidate the target's ownership and facilitate its subsequent merger with a Belgian telecommunications subsidiary to form a unified Benelux entity. The process involves a cash payment combined with the issuance of a minority stake in the newly formed group to the seller. The strategy is centered on creating a scaled regional leader capable of generating significant financial and operational synergies. Following the consolidation, the new parent entity plans to spin-off shares to its existing shareholders and seek a public listing on the Amsterdam Stock Exchange in 2027. This move allows the seller to simplify its portfolio while retaining a participation in the future value creation of a larger entity. Additionally, a long-term service agreement was established to ensure operational continuity through brand licensing and support services for the next decade.

VODAFONE ZIGGO, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level as low as the average currently observed in the TMT (Tech, Media, Telecom) sector (14.5x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

VodafoneZiggo is a leading Dutch provider of converged fixed and mobile communication services. It provides high-speed internet, digital television, and mobile telephony to millions of residential and business customers across the Netherlands. The company operates a state-of-the-art fiber-coaxial cable network alongside a robust nationwide mobile network. By integrating mobile and fixed-line services, the organization offers seamless connectivity solutions and entertainment packages. It serves as a critical infrastructure player in the Dutch market, competing as a primary integrated operator. The group is currently undergoing a strategic transformation to merge with a major Belgian peer to form a scaled Benelux communications champion.

Ent. Value

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Historical Financials (EUR)

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2025

2024

Similar deals in Telecom

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2026	GCI	QUINTILLION	UNITED STATES	Infrastructures
05/2026	VODAFONE GROUP	VODAFONETHREE	UNITED KINGDOM	Operators
01/2026	CVC	CELESTE	FRANCE	Telecom
12/2025	ORANGE	MASORANGE	SPAIN	Operators
12/2025	HANSEN TECHNOLOGIES	DIGITALK GROUP	UNITED KINGDOM	MVNO
10/2025	VODAFONE GROUP	TELEKOM ROMÂNIA MOBILE	ROMANIA	Operators
10/2025	JT GROUP / CVC	MANX TELECOM	UNITED KINGDOM	Operators
03/2025	LATOUR CAPITAL	LYNXEO	FRANCE	Infrastructures
12/2024	INFRAVIA CAPITAL	OPCORE	FRANCE	Infrastructures
10/2024	ORANGE / CINVEN / KKR	MASORANGE	SPAIN	Operators

REFERENCES

Valuation range: EV 3b - 100b EUR

EBITDA range: 1b - 3b EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VODAFONE ZIGGO by LIBERTY GLOBAL are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.