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At&t To Sell Data Centers Worth $2 Billion: Sources


Ron Burgundy
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An AT&T Logo is pictured on the side of a building in PasadenaBy Liana B. Baker and Malathi Nayak 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.




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