Reports suggest Liberty Global Ltd has made an approach to Vodafone Group regarding the purchase of Vodafone's share in their Dutch joint venture, VodafoneZiggo. Bloomberg was first to report on these on-again, off-again talks, which have reportedly been ongoing for several months. The value of Vodafone's stake is estimated to be over £2 billion.
It's been seven years since Liberty Global's Ziggo merged with Vodafone's Dutch operations. Last September, at Goldman Sachs’ European Communicopia Conference, Liberty Global Chief Executive Mike Fries stated that discussions about the future of the joint venture were “inevitable”.
When contacted by Broadband TV News, a Liberty Global spokesperson declined to comment.