The Traderszone Network

Published in TZ Latest News 2 February, 2015 by The TZ Newswire Staff

AT&T to sell data centers worth $2 billion: sources

NEW YORK/SAN FRANCISCO (Reuters) – AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday. AT&T, the No. 2 U.S wireless provider, has been exploring options to pay down its debt and raise funds for investments in recent months. AT&T and its rival Verizon have been selling non-core assets in recent months. Verizon is close to announcing divestitures of wireless towers and wireline markets worth $10 billion, the Wall Street Journal reported on Monday.