# Vodafone completes acquisition of European Liberty Global assets

- Link: https://www.directorstalkinterviews.com/vodafone-completes-acquisition-of-european-liberty-global-assets/412789107
- Published: 2019-08-01T07:32:18+01:00
- Author: Amilia Stone

**[Vodafone Group plc](https://www.directorstalkinterviews.com/ftse-company/vodafone-group/vod.l)**(
[LON:VOD](https://www.directorstalkinterviews.com/ftse-company/vodafone-group/vod.l))
announced today that it has completed the acquisition of Liberty Global’s operations
in Germany and the Czech Republic, Hungary, and Romania (CEE) for a total enterprise
value of €18.4 billion.

Vodafone now becomes Europe’s leading converged operator with 54 million cable and
fibre households ‘on-net’ and a total next-generation network reach of 124 million
homes and businesses.^(1) Almost half of Vodafone’s consumer European service revenues
now come from growing fixed and converged services.

> **Vodafone Group CEO Nick Read** said: “With the acquisition of Liberty’s assets
> in Germany and CEE, we have completed our transformation into Europe’s leading
> converged operator. Not only have we reshaped our business, becoming the owner
> of the largest gigabit-capable next generation network infrastructure in the region,
> we are now able to play our part in realising the digital society for millions
> of customers.”

Share on: