Altice to sell telecom solutions unit, data center operations in Switzerland
Altice NV announces that it has entered into an agreement to sell its telecommunications solutions business and Data Center operations in Switzerland, green.ch AG and Green Datacenter AG, to InfraVia Capital Partners. green.ch AG provides private and business customers with internet connections, hosted, cloud and multimedia services and data backup solutions. Green Datacenter AG provides data center services for medium - sized and large companies in Switzerland, in Europe and through out the world. The transaction values the business at an enterprise value of approximately 214 million CHF and is expected to close in early 2018.