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Brookfield buys $2.5bn India cell tower business

The group’s infrastructure investment trust grows its footprint nationwide from 157,000 sites to nearly 235,000.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

January 09, 2024 | 7:52 PM GMT

Brookfield Asset Management (NYSE: BAM, TSX: BAM), through its Infrastructure Investment Trust Data Infrastructure Trust (DIT) has acquired 100% of the equity interests in REIT American Tower’s operations in India (ATC India) for approximately INR 210 billion, or US$2.5 billion.

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João Marques Lima

Founder and Editor, The Tech Capital

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