Benelux broadband markets are poised for change, with fibre now the leading technology.
We expect an IPO in the coming 18 months, with potential candidates including Telenet, Wyre, VodafoneZiggo, Odido, ODF, or Delta Fibre.
Ownership of telecom companies in the Benelux region is characterized by joint ventures and private equity ownership, with existing shareholders likely to look for an exit now that fibre footprint expansion investments have ended.
Public capital markets are a likely destination, with potential M&A transactions involving Odido, VodafoneZiggo, KPN, ODF, and Delta Fiber.
No formal steps have been announced regarding a potential IPO of Odido, despite recent speculation.
Author's summary: Benelux telecom IPO expected soon.