Bell Canada has entered into a definitive agreement to sell 25 data centers at 13 sites to Equinix in a C$1.04 billion ($770 million) all-cash transaction.
Equinix is acquiring 13 sites representing 25 Bell data center facilities in eight cities across Canada. Bell will continue to own and operate five other data centers that are located in its network central offices in Calgary, Halifax, Saint John, St. John's and Toronto.
“This transaction reinforces Bell’s strategy to focus investment on the network infrastructure, content and services necessary to advance how Canadians connect with each other and the world,” said Mirko Bibic, president and CEO of BCE Inc. and Bell Canada.
The transaction is expected to close in the second half of 2020.
