Hong Kong-based telecom operator PCCW—controlled by billionaire Richard Li—has agreed to sell its data centre business to DigitalBridge for $750 million, cashing in on the rising demand for cloud computing as it pivots to new businesses.
Source: https://www.forbes.com/sites/jonathanburgos/2021/07/28/billionaire-richard-lis-pccw-to-sell-data-center-business-to-digital-bridge-for-750-million/
