AT&T sells data centre assets to Brookfield for $1.1 bln

AT&T Inc (NYSE: T) has completed the sale of data centre colocation operations and assets to Brookfield Infrastructure and its institutional partners. As a result of the deal, which was announced in June 2018, AT&T received proceeds of US$1.1 billion. Brookfield has created a new company, Evoque Data Center Solutions, to own and operate the assets. As part of a strategic partnership between AT&T and Brookfield, Evoque will join the former's global colocation ecosystem program, which provides business customers with access to more than 350 data centres.

2 January 2019•3 mins read
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