IN BRIEF: Vodafone completes sale of VodafoneZiggo holding

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Vodafone Group PLC - Berkshire, England-based telecommunications provider - Completes the disposal of its interests in VodafoneZiggo Group Holding BV to Liberty Global Ltd, in exchange for EUR1.0 billion in cash and a 10% shareholding in Ziggo Group. Says Ziggo will own 100% of VodafoneZiggo and of Telenet Group Holding, Liberty Global's Belgian subsidiary. Adds that it and Liberty have agreed that Vodafone will continue to provide certain services, including brand licensing, to VodafoneZiggo over the next decade with expected charges of EUR625 million. Vodafone intends to use the sale proceeds to reduce its net debt.

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