AT&T to sell $2 billion worth of data centres

AT&T to sell $2 billion worth of data centres

AT&T is allegedly selling some of its data centre assets worth approximately $2 billion, in a bid to pay down its debt.

The operator has been looking at ways to reduce its debt and raise funds for new investments, sources told reporters yesterday.

AT&T sold its operations in Connecticut to regional operator Frontier Communications for $2 billion in December 2013, and in July 2014, sold its stake in América Móvil to Carlos Slim’s real estate firm, Inmobiliaria Carso.

AT&T is now targeting Mexico with the acquisition of Iusacell last month, as well as its plans to buy Nextel Mexico’s mobile assets for $1.88 billion.

AT&T declined to comment and the sources asked to be anonymous because the matter is not public.

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