Windstream Selling Data Center Business to TierPoint for $575 Million
Windstream signed an agreement with TierPoint to sell its data center business for $575 million, Windstream said in a news release Monday. Windstream will establish an ongoing partnership with TierPoint as a part of the transaction, it said, and its…
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new structure will allow Windstream to "focus capital on its core telecom offerings while continuing to offer traditional data center services to enterprise customers across a broader data center footprint." Both companies have approved the transaction, which is expected to close in two to four months, said Windstream.