Zegona Is Said to Weigh Sale of Vodafone Spain Data Centers

(Bloomberg) – The purchasing company Zegona Communications PLC is considering the sale of five data centers that came with the purchase of the Vodafone Group PLC in Spain, according to people who know the subject.

Vodafone Spain, which protects the British carrier’s brand but belongs to Zegona, discussed a possible sale with consultants, according to people who want to be named because the talks were special. According to humans, the portfolio can be about € 100 million ($ 117 million).

No decisions have been made and the company can choose to protect assets. Vodafone refrained from commenting on a press officer of Spain.

Zegona bought the unit at the end of 2023, and in recent years, larger competitors Masorange and Telephone SA and the lower end segment are trying to revolve around the struggling work to compete with Digi Communications NV. The strategy includes disposal or joint attempts such as Masorange and extensive tape partnership.

Vodafone Spain expands its portfolio, which is typically closer to the end user and can be as small as a container. The company has the goal of having 100 EDGE data centers this year.

Spain has become an increasingly more attractive market for data centers thanks to its relatively cheap energy combination, one of the world’s largest fiber band networks and a few large submarine cables connecting Europe to America.

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