CenturyLink’s cloud hosting revenues continue to fall as the telco potentially considers selling its data centers to focus more aggressively on network-centric services and emerging technologies like SDN (software-defined networking) and NFV (network-functions virtualization).
Indeed, CenturyLink cloud and hosting revenues were $305 million during Q2 2016, down from $319 million in Q2 2015, the company said today. For the first six months of the year, cloud and hosting revenues were $612 million, down from $637 million for the corresponding period in 2015.
“We…are continuing to invest with a ‘network first’ focus on delivering higher broadband speeds and in the transformation and virtualization of our network infrastructure through the deployment of NFV and SDNtechnologies.
We ended the quarter with more than 8.4 million addressable households and businesses with 40 Mbps or higher speeds, including 1.2 million GPON-enabled addressable units. We expect to reach 11 million 40 Mbps or higher, including 2 million GPON-enabled addressable households and businesses by year-end 2017,” concluded Post.”