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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