La Caisse has invested approximately INR 121 billion, or C$1.76 billion, to acquire a 24% interest in Altius Telecom Infrastructure Trust, India’s largest independent telecom tower platform.
The transaction has closed, with Brookfield remaining Altius’ largest investor alongside La Caisse and existing shareholders affiliated with GIC and British Columbia Investment Management Corporation.
Altius owns and operates more than 258,000 telecom towers and sites across India, providing infrastructure used by mobile operators to deliver 4G and 5G services.
The investment gives La Caisse additional exposure to India’s growing digital infrastructure market as mobile data consumption and 5G deployment increase.
La Caisse held C$552 billion in net assets as of June 30, 2026, while Brookfield manages more than $1 trillion in assets globally.
KEY QUOTES:
“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. 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.”
Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability at La Caisse
“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.”
Sam Pollock, CEO of Brookfield’s Infrastructure Group
