Telecommunications firm CenturyLink Inc said it would sell its data centers and colocation business to a group of funds for $2.15 billion in cash and a minority stake to be valued at $150 million in the investor’s group new private infrastructure company.
CenturyLink Sells Its Colo Business to Fund Level 3 DealData Center Knowledge
CenturyLink Calls Partners ‘Essential’ In Driving Cloud Growth, Partners Pleased With Data Center SaleCRN
Here’s Why CenturyLink Is Keeping Its Cloud Business Amid SaleFortune
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Source: Business