Vodafone climbs after joint venture stake sale to Liberty Global

Vodafone

18/02/2026 13:45

** Shares of Vodafone VOD.L up 4.5% at 118.85p - stock amomg top gainers on FTSE 100 .FTSE, at the highest level since August 2022

** Vodafone to sell its entire 50% stake in Dutch telecom company VodafoneZiggo to Liberty Global plc for 1.0  billion euros ($1.18 billion) in cash and a 10% stake in the new Ziggo Group

** Liberty Global LBTYA.O will own 100% of VodafoneZiggo

** Vodafone will provide range of services including brand licensing to VodafoneZiggo for a total consideration of 625 million euros over next 10 years

** YTD, stock had risen 19.18%

($1 = 0.8447 euros)

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))