Vodafone India’s data centre worth Rs 1, 200 crore in Mumbai is up for sale

Vodafone India is looking to sell its data centre facility in Navi Mumbai. The company had built the centre at the tune of Rs 1,200 crore and was commissioned under former chief executive Marten Pieters.

The date centre was build to give competition to Tata Teleservices and Tata Communications. So far, two companies have shown interest to buy the data centre.

“We intend to launch the data centre shortly and are currently in the process of gaining the requisite approvals,” Vodafone's spokesman told ET.

As per reports, Vodafone India may sell it for a higher cost as the cost is likely to shoot up after the launch of the centre.

"Even if there is a little revenue to show on it, data centres in Asia can be very valuable for strategics,” ET quoted a person as saying.

Vodafone wants to lessen its debt in its Indian arm and in this regard decided to divest non-core assets, including the data centre.

Vodafone, in 2011, had announced venture into the fixed line business along with instituting a business solutions unit that showcased global connections and offerings such as RFID tracking.

The telecom company was expecting its business to increase three-fold.

But, recent spectrum auction, IPO plans led to a debt of Rs47,700 crore.

As per reports, Vodafone's data centre is equipped with better technology.