Canada's Brookfield Invests $1.6 Billion in India's Telecom Towers

Brookfield Infrastructure Partners, a private investment firm headquartered in Canada, will buy the telecom tower business of Reliance Communications Ltd (RCOM) for $1.6 billion in cash. This deal is the second biggest private equity deal ever in India. RCOM’s telecom towers are part of Reliance Infratel Ltd and these will...

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