Sources: AT&T to Sell Off $2bn in Data Centers

Digital Marketing Agency, Unnamed sources reveal that AT&T is looking to sell off part of its data center portfolio – to the tune of $2bn worth in an effort to pay down debt and raise capital.
Three sources requested anonymity because plans to sell off a portion of the company’s data center assets were not yet public, reported Reuters. The mobile provider said it plans to pay down the debt over the next three years, but validated the license purchases as providing value to its customers.
John Stankey, chief strategy officer for AT&T, said in a statement: “Growth in our customers’ mobile data usage continues to explode, driven by mobile video traffic. This spectrum investment will be critical to AT&T staying ahead of customer demand and facilitate the next generation of mobile video entertainment.”