Monday , June 21 2021

Telefónica will create a subsidiary to sell its data centers with 1,000 million euros



The pressure of Jose Maria Álvarez-Pallete reduces Telefónica's debts. The company has designed a preliminary plan for the processing of data for money (data centers), according to financial sources.

Telefónica will create a business that deals with business, since it expands its data center among its affiliates. In addition, the operator accounts for the results of business data centers in Spain and Chile, Telefónica España and Telefónica Hispanoamérica, according to 2017 accounts, respectively. Previously, "other companies" were calculated.

Once finished, a sales book will be published, which foresees a complete or incomplete sale of the new subsidiary. Bank of America Merrill Lynch has signed Telefonica to spend disinvestment up to 1,000 million euros. A telephone spokeswoman has commented on this information. On November 6, Bloomberg published telecommunication as disinvestment.

The company has 25 data centers in nine countries, offering services to Telefónica customers and internal systems in Spain and Europe. With these, the cloud (cloud) services are offered by companies in eight facilities in Spain, three in Brazil and the same amount of Colombian and Ecuador. It also has Peru (2), Chile (2) and Argentina (2) centers, Miami (United States of America) and another large Mexican center. It includes hosting services, digital archives and business continuity, among others.

Mexican and Central American units will be key

Sold The company has several open flooring in order to reduce its debt. In addition to data centers, Mexican and Central American subsidiaries negotiate for sale. The latter controls 60%. At that time, the IPOs and Telios of Argentina and British subsidiaries tried in 2016, but I can not do it for different reasons.

Other formulas On November 8, 161 million euros were sold to its Antares insurer in Catalonia to the West. He made a profit capital of 90 million with this operation. Last summer, Telefónica sold two subsidiaries in digital domains, Tokbox and Digital Inc.

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