Verizon to offload non-core data centres to Equinix for US$3.6bn
Verizon has agreed to sell its portfolio of 24 data centre sites to Equinix in a US$3.6bn all-cash deal, enabling the US ...
Tag: Verizon Communications
Verizon buys LQD WiFi assets to further solidify IoT and smart cities footprint
Verizon Communications has purchased substantially all of the assets of street-smart kiosk company LQD WiFi for an undisclosed amount. LQD’s Palo is an ...
Verizon launches second US$1bn-plus securitisation backed by mobile phone contracts
Verizon Communications is marketing a US$1.4bn securitisation backed by mobile phone contracts – its second asset-back securities (ABS) transaction in less ...
CenturyLink to sell data centre business for US$2.15bn to fund Level 3 purchase
CenturyLink has agreed to sell its data centre and colocation business to a consortium made up of funds advised by private equity ...
Deutsche Telekom mulls BT exit, potentially paving way for T-Mobile US deal
Deutsche Telekom is looking at divesting its stake in BT, enabling it to exit the post-Brexit UK market and focus on ...
CenturyLink strikes US$34bn deal for Level 3 to bring more fibre to enterprise customers
CenturyLink has agreed a US$34bn deal to buy Level 3 Communications to combine the target’s global connectivity backbone with its larger enterprise customer base. Explaining ...
Verizon to buy Vessel technology in continued digital video push
Verizon Communications has agreed to acquire the technology and software behind former Hulu CEO Jason’s Kilar’s online short-form video subscription service ...
AT&T to buy Time Warner for US$85.4bn in content push
AT&T has agreed to acquire Time Warner in a stock-and-cash transaction that values the media giant at US$85.4bn. The acquisition comes just a ...
Verizon puts onus on Yahoo to prove hack does not have “material impact” on deal
Verizon has signalled that it may renegotiate or walk away from its $4.8bn acquisition of Yahoo’s core internet assets in the ...
Frontier inks US$315m loan for refinancing
Frontier Communications has signed a US$315m senior secured term loan facility to refinance existing debt. The US rural broadband and DTH operator ...
