PCCW offloads data centre business for $750 million

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Today, PCCW, owed by billionaire Richard Li, has agreed to sell its data centre business to Digital Bridge for $750 million. Back in April, PCCW was reportedly exploring its options for the sale of its IT and data centre unit, with anonymous sources valuing the unit at around $1 billion. The business includes seven data centres in its home market of Hong Kong…

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