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Continuing the trend of large telecommunications companies divesting their data center properties, Verizon Communications Inc. has agreed to sell sites across 15 metropolitan areas of the U.S. and South America to Redwood City, CA-based Equinix, Inc. (Nasdaq: EQIX) for $3.6 billion cash.
The value of the transaction easily exceeds Centurylink’s agreement in early November to sell its data center and colocation center business totaling 195 megawatts…