PCCW offloads data centre business for $750 million

Today, PCCW, owed by billionaire Richard Li, has agreed to sell its data centre business to Digital Bridge for $750 million.Back in April, PCCW was reportedly exploring its options for the sale of its IT and data centre unit, with anonymous sources valuing the unit at around $1 billion. The business includes seven data centres in its home market of Hong Kong…read more on TotalTele.com »