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Exclusive: Verizon launches auction to sell data centers – sources

January 6, 2016 by · Leave a Comment 

A sale would represent the latest effort by Verizon, the No. 1 U.S. wireless carrier, to streamline its portfolio following a divestment last year of a chunk of its landline business and a portfolio of wireless towers. It would also mark a reversal of its strategy to expand in hosting and colocation services after it acquired data center operator Terremark Worldwide Inc in 2011 for $1.4 billion. The so-called 'colocation' portfolio up for sale includes 48 data centers, and generates…

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Exclusive: Verizon launches auction to sell data centers – sources