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Sources: AT&T to Sell Data Centers Worth $2 Billion

(AP Photo/Steven Senne, File)
(AP Photo/Steven Senne, File)

 

(Reuters) – AT&T Inc is selling some data centers worth about $2 billion as it continues its streak of asset sales, people familiar with the matter said on Monday.

AT&T, the No. 2 U.S wireless provider, has been exploring options to pay down its debt and raise funds for investments in recent months. The company declined to comment.

The three sources requested anonymity because the matter is not public.

AT&T and its rival Verizon have been selling non-core assets in recent months. Verizon is close to announcing divestitures of wireless towers and wireline markets worth $10 billion, the Wall Street Journal reported on Monday.

AT&T hired a financial adviser to assist in the sale.

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