Vodafone and Liberty secure partnership in Netherlands

UK mobile phone operator Vodafone and media company Liberty Global have agreed a deal to combine their operations in the Netherlands.

Vodafone will invest €1bn ($1.1bn) in the joint venture, which will be the second-largest telco in the country after KPN.

Liberty-owned Ziggo, which is a major broadcaster of sport in the Netherlands, is the largest pay-television service in the country. Ziggo launched a new sports channel, Ziggo Sport, in November. Ziggo was formerly known as Sport1.

Vodafone started talks with Liberty about establishing a joint venture in the Netherlands earlier this month after the two parties failed to agree a broader collaboration last year that would have covered up to seven European countries.