The tower business

CPPIBThe Canada Pension Plan Investment Board is planning to acquire Macquarie Communications, an operator of broadcast and telecom transmission infrastructure in Australia and the UK.

Industry Canada has mandated tower sharing in an effort to reduce the time to launch service for new mobile wireless carriers and minimize the aesthetic impact of tower proliferation in our communities.

Will Canadian carriers and cash-strapped Canadian broadcasters look to raise capital by monetizing their real estate assets, such as transmission towers?

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