Ziggo

Ziggo Holding B.V.

Type	Private
Traded as	Euronext: ZIGGO
Industry	Telecommunications
Founded	16 May 2008
Headquarters	Utrecht, Netherlands
Key people	Baptiest Coopmans (CEO)
Products	Cable television Digital television Broadband Internet Telephony Mobile Telephony
Revenue	€ 1,564.8 million (2013)
Net income	€ 347.3 million (2013)
Owner	Vodafone (50%) Liberty Global (50%)
Number of employees	2,571 FTE (2013 avg.)
Parent	VodafoneZiggo (joint venture between Liberty Global and Vodafone)
Website	ziggo.nl

Ziggo is the largest cable operator in the Netherlands, providing cable television (digital and analog), broadband Internet, and telephone service to both residential and commercial customers.

The company is the result of the merger between Multikabel, @Home Network, and Casema and launched officially on 16 May 2008. Later followed by a merger with UPC Nederland in the first quarter of 2015, at that time the second largest cable company in the Netherlands. It kept the brand name Ziggo. Its main competitors are KPN and CanalDigitaal.

Most of the share capital was up to 2012 held by holding companies of two private equity firms: Cinven and Warburg Pincus.

On 21 March 2012, Ziggo was listed on the NYSE Euronext stock exchange and later incorporated into the midcap equity AMX index. Additionally, there are options traded on the Ziggo share.

Cinven and Warburg Pincus started to reduce their stake in Ziggo and exited Ziggo in April 2013.

In March 2013 Liberty Global acquired a 12.65% stake in Ziggo. This increased to 15% in April and 28.5% in July. On 27 January 2014 Liberty Global announced that it would be acquiring all remaining shares in Ziggo for € 10 billion. The takeover was subject to regulatory approval and was expected to close by the second quarter of 2014, when Ziggo was expected to merge with UPC Nederland. In May 2014 the European Commission announced opening an in-depth investigation to assess whether the proposed acquisition of Ziggo by Liberty Global is in line with the EU Merger Regulation. The opening of an in-depth inquiry does not prejudge the outcome of the investigation. In November 2014 Liberty Global took over Ziggo. In December 2014 the shares of Ziggo N.V. were delisted from Euronext Amsterdam as Ziggo was converted into the Dutch private limited company (besloten vennootschap) Ziggo Holding B.V. On 5 January 2015 Ziggo started to harmonize its cable network with the UPC Nederland cable network. The name UPC was finally phased out in favor of Ziggo on 13 April 2015.