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Telefonica sells four more data centers

May 11, 2021 | Telefonica

Telefonica has announced the sale of four of its data centers to Asterion Industrial Partners. The four facilities sold include two in Chile and two in Spain and sold in exchange for a 20% stake in Nabiax, a subsidiary of Asterion. This, it said, will help it continue its "exposure to a globa...

Telefonica Is Considering Selling Data Center Business to Reduce Debt

Nov 13, 2018 | Telefonica

Telefonica SA is considering options including a sale of its data-center business as the Spanish telecom group seeks to pay down debt, people with knowledge of the matter said. The former telecom monopoly is working with financial advisers to gauge interest from potential buyers including firm...