Press Release: La Caisse Invests Alongside Brookfield in Altius, India's Largest Independent Telecom Tower Platform

Dow Jones
09/02
 
   -- Investment reflects growing demand for mobile connectivity and 5G 
 
      infrastructure in India. 
 
 
   MONTRÃ%AL and MUMBAI, India, Sept. 2, 2026 /PRNewswire/ -- Global 
investment group La Caisse (formerly CDPQ), and Brookfield today 
announced that La Caisse has invested approximately INR 121 billion (CAD 
1.76 billion) to acquire a 24% stake in Altius Telecom Infrastructure 
Trust ("Altius"), India's largest independent telecom tower platform. 
With the transaction now complete, Brookfield remains Altius' largest 
investor, alongside La Caisse and existing shareholders who are 
affiliates of GIC and British Columbia Investment Management Corporation 
(BCI). 
 
 
   Altius owns and operates more than 258,000 telecom towers and sites 
across India, giving it a nationwide presence. The platform provides the 
infrastructure that enables mobile operators to deliver 4G and 5G 
services. India is the world's second-largest telecommunications market, 
and continued growth in mobile data use and 5G is increasing the need 
for digital infrastructure. 
 
 
   "As India's economy grows and more people and businesses rely on higher 
use of mobile data, the infrastructure behind those connections needs to 
keep pace," said Emmanuel Jaclot, Executive Vice-President and Head of 
Infrastructure and Sustainability at La Caisse. "This is a sector we 
know well through our investments in telecom towers and digital 
infrastructure around the world. With Altius, we are investing in an 
attractive market through an established platform, alongside Brookfield 
and other institutional partners with whom we have longstanding 
relationships." 
 
 
   Sam Pollock, CEO of Brookfield's Infrastructure group, said, "Altius has 
built a scaled, nationwide platform that is in a leading position to 
meet India's demand for mobile connectivity and 5G infrastructure. La 
Caisse's investment brings another long-term institutional partner to 
the platform and reflects confidence in the strength of the business. 
Alongside our partners, we will continue to support Altius' next phase 
of growth by deploying our owner-operator capabilities and disciplined, 
long-term approach to infrastructure investing." 
 
   ABOUT LA CAISSE 
 
 
   La Caisse has invested for over 60 years with a dual mandate: generate 
optimal long-term returns for its 48 depositors, who represent over 
6 million Quebecers, and contribute to Québec's economic 
development. 
 
 
   As a global investment group, La Caisse is active in the major financial 
markets, private equity, infrastructure, real estate and private credit. 
As at June 30, 2026, it held CAD 552 billion in net assets. 
 
 
   For more information, visit LaCaisse.com, LinkedIn or Instagram. 
 
 
   La Caisse is a registered trademark of Caisse de dépôt et 
placement du Québec that is protected in Canada and other 
jurisdictions and licensed for use by its subsidiaries. 
 
   ABOUT BROOKFIELD 
 
 
   Brookfield is a leading global investment firm with over $1 trillion in 
assets under management that owns and operates real assets and essential 
service businesses that form the backbone of the global economy. We 
invest on behalf of institutions and individuals around the world across 
infrastructure, energy, private equity, real estate, and credit--sectors 
critical to supporting economic growth and productivity. With a heritage 
spanning more than a century and operations in over 30 countries, we 
deploy long-term, patient capital to build the foundational assets and 
businesses that power a more connected, resilient, and sustainable 
future--seeking to build long-term wealth for our clients while 
delivering strong risk-adjusted returns for our shareholders. 
 
 
   For more information, please visit our website at www.brookfield.com. 
 
 
   For more information 
 
   La Caisse 
 
   CONRAD HARRINGTON 
 
   Senior Director -- International Media Relations 
 
   + 1 514 847-5493 
 
 
   charrington@lacaisse.com 
 
   Brookfield 
 
   SHVETA SINGH 
 
   +91 9004287034 
 
 
   shveta.singh@brookfield.com 
 
 
    View original 
content:https://www.prnewswire.com/news-releases/la-caisse-invests-alongside-brookfield-in-altius-indias-largest-independent-telecom-tower-platform-302867633.html 
 
 
 
   SOURCE La Caisse 
 
 
 
 
 
 

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