Telus signs $1.26-billion phone tower network deal with Quebec’s Caisse

Telus selling 49.9% stake in cell towers to La Caisse for $1.26 billion

Telus Corp. says it's selling a 49.9 per cent stake in a newly spun-out wireless tower operator to La Caisse for $1.26 billion.

Telus signs $1.26-billion phone tower network deal with Quebec’s Caisse

Canada’s second-largest pension fund will acquire a 49.9-per-cent stake in the infrastructure asset

Telus to sell 49.9% stake in wireless infrastructure to La Caisse

Telus will sell a stake in its new wireless infrastructure company Terrion to Quebec-based investment group La Caisse for $1.26 billion.

Telus Offloads Cell Towers in $1.2B Deal With Pension Giant

Telus is spinning off its cell tower business in a major deal with one of Canada’s biggest pension funds. The company announced it’s selling a 49.9% stake in its new tower operator, called Terrion, to La Caisse (CDPQ) for $1.26 billion. Caisse de dépôt et placement du Québec, is a Montreal-based Canadian pension fund manager

Telus agrees to wireless infrastructure deal with La Caisse

Telco previously hinted at a minority sale in its cell tower portfolio By Ahmad Hathout Telus announced Friday that it has agreed to sell to a pension fund a minority stake in a separate entity that will carry its wireless infrastructure. La Caisse, one of the largest pension funds in the country, will spend $1.26... Read more »