By Sean Buckley
A Windstream executive would not confirm the company is going to sell off its data center business, Hosted Solutions, debunking rumors that emerged in August that a deal was forthcoming.
Speaking to investors during the Bank of America Merrill Lynch 2015 Media, Communications & Entertainment Conference, Bob Gunderman, CFO of Windstream, said that the data center and cloud services business is a tool it needs to compete for enterprise services contracts.
“We certainly heard the rumors and we don’t comment on M&A rumors, but what I would say is cloud services, managed services and data center services are a critical part of our portfolio,” Gunderman said. “We’re a large enterprise provider partner without having those capabilities.”