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Verizon’s Shammo says company may sell data center business

Verizon’s (NYSE: VZ) chief financial officer confirmed during a fourth quarter earnings call that the telco is looking at options for its data center business.

Speaking to investors, Fran Shammo said that it is looking to see if the data center business is something the company should keep or sell to another provider.

“As Lowell McAdam and I have always said, we’ll continue to look for opportunities,” Shammo said. “The data center is an exploratory exercise to see if the asset is more valuable inside or outside of the portfolio.”

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