DigitalBridge, together with L&G and TD Asset Management Inc. (TDAM), has agreed to acquire VodafoneZiggo’s passive mobile tower infrastructure from Ziggo BV, a subsidiary of Ziggo Group. Subject to customary closing conditions (including regulatory approvals), the business will be acquired by DigitalBridge Strategic Asset Fund, L&G’s Digital Infrastructure Fund (“LDIF”) and TD Greystone Infrastructure Fund (the “Fund”) and combined with Belgium Tower Partners (“BTP”), DigitalBridge’s existing tower platform in Belgium.

Combining the businesses will create a new, independent tower platform across Belgium and the Netherlands, with more than 6,600 sites and a diversified customer base anchored by VodafoneZiggo and Telenet, alongside other leading mobile network operators.