Brookfield acquired the data centre colocation business of AT&T for $1.1bn.

Brookfield acquired the data centre colocation business of AT&T, an American multinational communications conglomerate holding company, for $1.1bn. This agreement builds on AT&T’s nearly 20-year history of providing customers access to premier data centers. The strategic alliance with Brookfield will build on the success of the ecosystem model, allowing AT&T to continue to offer colocation services through Brookfield. Over the past several years, AT&T has added additional data center providers to this ecosystem. AT&T and Brookfield will also work under a joint marketing agreement that will enable both companies to participate in sale/resale opportunities to bring customers a full suite of services.