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Tag: offloads
Telefonica finally offloads El Salvador unit
2021-10-18 02:00:00| Total Telecom industry news
In late 2019, Telefonica announced that it was undergoing a major strategic shift in and, in an attempt to reduce its debt, would be withdrawing from a number of markets to focus on its core businesses in Spain, the UK, Germany, and Brazil. Since then, the operator has divested of numerous business units throughout Latin America…read more on TotalTele.com »
Tags: finally
unit
salvador
telefonica
PCCW offloads data centre business for $750 million
2021-07-28 02:00:00| Total Telecom industry news
Today, PCCW, owed by billionaire Richard Li, has agreed to sell its data centre business to Digital Bridge for $750 million. Back in April, PCCW was reportedly exploring its options for the sale of its IT and data centre unit, with anonymous sources valuing the unit at around $1 billion. The business includes seven data centres in its home market of Hong Kong…read more on TotalTele.com »
Tags: business
data
million
centre
Airtel Africa offloads Tanzanian towers for $175m
2021-06-02 02:00:00| Total Telecom industry news
Airtel Africa is continuing its broad strategy of passive infrastructure divestment, today announcing that it is selling its Tanzanian towers to a joint venture of SBA Communications Corporation and Paradigm Infrastructure Ltd. The deal covers around 1,400 mobile towers throughout the country and is set to raise around $175 million…read more on TotalTele.com »
Tags: africa
towers
tanzanian
airtel
Constellation Brands starts 2021 with much-vaunted offloads to E&J Gallo, Sazerac Co
2021-01-04 13:59:00| Daily beverage news and comment - from just-drinks.com
Constellation Brands expects to complete the long-planned divestment of some of its value-focused wine and spirits assets to E&J Gallo this week.
Tags: brands
starts
gallo
constellation
Yealands Wine Group offloads vineyards to NZ pension fund
2020-12-10 13:56:00| Daily beverage news and comment - from just-drinks.com
New Zealand's Yealands Wine Group has confirmed the divestment of four of its vineyards to a pension fund in the country.