Verizon may be looking to sell some of its larger enterprise assets, which Reuters reports could be worth as much as $10 billion.
Terremark and MCI were Verizon acquistions. MCI provides landline and Internet services for large businesses. Terremark became Verizon Cloud, the company’s enterprise cloud services unit.
Verizon declined to comment on the matter.
Verizon bought MCI for approximately $6.8 billion in 2005, and the company picked up Terremark for $1.4 billion back in January of 2011.
Citing people familiar with the matter, Reuters noted that CenturyLink had expressed interest in purchasing some assets from Verizon but apparently couldn’t come to terms.
The new comes after this week’s announcement by Verizon that it will be reorganizing its wireless operations, a move that will reduce Verizon’s number of regional offices from 20 to six.
Filed Under: Carriers
