04-11-2016 15:05 via feedproxy.google.com

CenturyLink sells data centre ops for USD 2.3 bln

(Telecompaper) CenturyLink has agreed to sell its data centres and colocation business to a consortium of funds advised by BC Partners for USD 2.15 billion in cash, plus a minority stake valued at USD 150 million in the consortium's newly-formed global secure infrastructure company. CenturyLink will keep hosting and cloud assets supporting its network-first and hybrid-IT strategy and will focus on IT services and systems, including network, managed hosting and cloud. Though it will no longer own
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