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Verizon on Verge of Enterprise Cloud Sale Source

Feb 03, 2017 - ICT Monitor Worldwide

Less than two months after announcing the sale of its data centers in a $3.6 billion deal with Equinix, Verizon is on the verge of divesting itself of its broader enterprise cloud services business, Light Reading believes.

While there is no official confirmation Verizon declined to comment -- a trusted source with knowledge of the deal tells Light Reading that a sale has been agreed and a public announcement is expected to be made during February or March. The identity of the buyer is bei...