CDPQ Invests ₹12,100 Crore in India's Largest Independent Telecom Tower Platform
What Happened
Canadian institutional investor La Caisse (formerly CDPQ) has invested around ₹12,100 crore to acquire a 24% stake in Altius Telecom Infrastructure Trust, India's largest independent telecom tower platform. Altius owns and operates more than 258,000 telecom towers and sites across the country and supports 4G and 5G services. Brookfield remains the largest investor in the platform.
Key Takeaways
The investment underscores global confidence in India's fast-growing digital infrastructure sector. With rising mobile data consumption and expanding 5G networks, the deal is expected to support further growth of telecom infrastructure across India.