Vodafone Group has confirmed that Vodafone Libertel B.V. (Vodafone Netherlands) has agreed to sell its consumer fixed business (Vodafone Thuis) to T-Mobile Netherlands.
Financial details of the transaction are not disclosed.
Vodafone Group first announced the plan in August.
The transaction is expected to close in December 2016.
The divestment of Vodafone Thuis was a commitment offered by Vodafone Group and Liberty Global to the European Commission as a condition of clearance of the merger of Vodafone Netherlands and Ziggo in the Netherlands.
Vodafone Thuis has approximately 150,000 consumer fixed broadband customers.
The transaction is conditional on approval from the Dutch competition authority, the European Commission approving T-Mobile Netherlands Holding B.V. as a suitable purchaser of Vodafone Thuis and consultations with Works Councils.
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