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Stock impact report

U.S. suitors likely buyers for stake in Telus cell towers, analysts say [Globe and Mail, The (Toronto, Canada)]

Brookfield Infrastructure Partners LP Limited Partnership Units (BIP) 
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am Check Earnings Report
US:NYSE Investor Relations: bip.brookfield.com/en
and minimize regulatory issues as the federal government fights a trade war with President Donald Trump. Telus is attempting to sell a 49.9-per-cent stake in its 3,000-tower national network, as the three largest domestic telecom companies look to pay down debt, fund growth plans and join global peers in selling infrastructure. After the sale, Telus and other telecom companies would pay its partner a fee to use the towers. “We have interested parties from all around the world,” said Telus chief financial officer Doug French in an interview on Wednesday. “We would consider any partner at this stage. We will not be eliminating on geographical region.” While he declined to disclose a timeline for the sales, Mr. French said Telus would “see how the next few months play out.” “We see a number of potential acquirers for the assets, including the U.S. tower companies,” said analyst Stephanie Price at CIBC Capital Markets in a report. She also highlighted Toronto-based Brookfield Infrastr Show less Read more
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