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Verizon looks to sell data centre ops - report
2016-01-06 09:43:00| Telecompaper Headlines
(Telecompaper) Verizon Communications hopes to make over USD 2.5 billion from the sale of its data centre assets, Reuters reported citing people familiar with the matter. The sources said the sale process has been launched as the company puts its attention on its core business. The 'colocation' portfolio up for sale includes 48 data centres which generates annual EBITDA of around USD 275 million, the sources said, adding that Citigroup is advising Verizon on the sale.
Verizon seeks suitors for data centre ops
2016-01-06 01:00:00| Total Telecom industry news
U.S. telco reportedly hopes to raise $2.5 billion from sale of colocation portfolio.
Tags: data
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Windstream sells data centre ops for USD 575 mln
2015-10-20 08:59:00| Telecompaper Headlines
(Telecompaper) US operator Windstream has agreed to sell its data centre business to TierPoint for USD 575 million in cash. Under the terms of the agreement, the two will also establish a strategic partnership which will enable them to sell their respective products and services to each other's prospective customers through referrals. The structure will allow Windstream to focus capital on its core telecom offerings while continuing to offer traditional data centre services to enterprise customers across a broader data centre footprint.
Alibaba opens 2nd data centre in US, looks towards Europe
2015-10-09 09:20:00| Telecompaper Headlines
(Telecompaper) Alibaba Group has opened its second data centre in Silicon Valley, in line with its USD 1 billion global push into the cloud computing business, Bloomberg reported. The centre will be aimed at customers on the US West Coast in the next three to five years, said Ethan Yu, who is leading the AliCloud unit's international expansion. Alibaba is planning its first data centre in Europe in the first half of 2016, Yu said. Alibaba believes internet-based computing and big data will boost growth in the next decade, tapping into demand for processing and storage from governments, finance and online gaming companies. Yu said that one strong competitor will be Amazon Web Services, with both Alibaba and Amazon addressing a fast-growing market. "As a competitor there are a lot of things we could learn from them, but there's also a lot of ways we can differentiate ourselves," he added.
Telefonica, China Unicom strike data centre deal
2015-09-29 02:00:00| Total Telecom industry news
Customers to get access to three major data centres from each telco.
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