Verizon To Sell Data Centers To Equinix For $3.6 Billion

Verizon Communications Inc, the No. 1 U.S. wireless carrier, is selling 29 data centers to Equinix Inc for $3.6 billion, as the telecom giant focuses on its core business. The data centers being sold are located in 15 metro areas in the United States and Latin America, including New York, Atlanta, Chicago, Bogota and Sao Paulo. The sale represents Verizon's efforts to streamline its business and follows the divestment last year of ...