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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.

Tags: data report sell centre

 

Exclusive: Verizon launches auction to sell data centers - sources

2016-01-06 01:38:43| Telecom - Topix.net

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.

Tags: data sell sources exclusive

 
 

Exclusive: Verizon launches auction to sell data centers - sources

2016-01-06 01:07:37| IT Services - Topix.net

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.

Tags: data sell sources exclusive

 

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 centre seeks verizon

 

EisnerAmper Wealth Management Purchases $916,000 in Verizon Communications Inc. (VZ) Shares

2016-01-05 11:05:24| Telecom - Topix.net

EisnerAmper Wealth Management boosted its position in Verizon Communications Inc. by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,810 shares of the cell phone carrier's stock after buying an additional 1,029 shares during the period.

Tags: management communications shares purchases

 

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