Vodafone, Liberty agree on Dutch joint venture
Feb 15 (Reuters) - UK phone network operator Vodafone Plc and John Malone's cable company Liberty Global Plc (NasdaqGS: LBTYA - news) agreed on Monday to combine their operations in the Netherlands by creating a joint venture.
Vodafone will pay 1 billion euros ($1.12 billion) to Liberty as part of the agreement to combine its mobile operations with Liberty's fiber broadband network Ziggo (Other OTC: ZIGGF - news) in a 50-50 joint venture, the companies said in a statement.
($1 = 0.8951 euros) (Reporting by Ismail Shakil in Bengaluru; Editing by Leslie Adler)