Wednesday, January 06, 2016

Exclusive: Verizon Launches Auction to Sell Data Centers-Sources - The New York Times

One of many ominous "private cloud" leading indicators

"Verizon Communications Inc has started a process to sell its data center assets, hoping to fetch more than $2.5 billion, people familiar with the matter said on Tuesday, as the U.S. telecommunications conglomerate focuses on its core business.

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."
Exclusive: Verizon Launches Auction to Sell Data Centers-Sources - The New York Times
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