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Telefonica negotiating sale of more data centres to Asterion - report

Monday 13 July 2020 | 14:30 CET | News
Telefonica is continuing to explore the sale of its remaining data centres as part of an ongoing process to reduce its debt pile, according to unnamed sources cited by El Confidencial. The operator last year reached a deal to sell 11 of its data centres to Asterion Industrial Partners for a total of EUR 550 million and is now in advanced talks with the investment fund to divest a further 12 for around EUR 150 million, said the sources. However, in view of the enhanced importance of the segment in the wake of the pandemic, Telefonica is also interested in taking a stake in Nabiax, the company

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Categories: Fixed
Companies: Telefonica
Countries: Spain / World
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