Liberty Global and Telefónica preparing to sell 25% stake in tower co. Cornerstone
The stake could fetch an estimated $3.21 billion
The stake could fetch an estimated $3.21 billion
Money to help deploy more energy efficient technology
Full switchover has been moved forward to April 2024, as opposed to 2025
Considers it to be a "disposable asset"
First cloud hyperscaler to launch Spanish region, second GCP region opened this week
Takes telco's total sustainable funding to more than €4 billion
LEO satellite firm signs another distribution agreement
Along with a Meta Lab in Madrid
Investment firm reportedly seeking buyers for 11 facilities bought from Telefónica
Spanish telco to sell Oracle's services to its customers, cloud company to place OCI infrastructure in Telefónica facilities
Asterion-owned firm closes deal in Spain, adding further capacity in Spain, Chile, and Brazil
Spanish telco officially announces deal first rumored in February
The new business is expected to launch before the middle of the year
Spanish & Chilean facilities to join 11 it sold last year, will combine to form new company
Targeting 5G and Edge
Creating a new telco giant
But the Spanish telco will retain some data centers
Doubles space as business grows
The initiative is expected to cost £50 million over the next five years