{"id":22933,"date":"2025-08-04T09:28:37","date_gmt":"2025-08-04T14:28:37","guid":{"rendered":"https:\/\/www.planhub.ca\/blog\/?p=22933"},"modified":"2025-08-04T09:40:58","modified_gmt":"2025-08-04T14:40:58","slug":"telus-and-the-caisse-launch-terrion-canadas-largest-cell-tower-operator","status":"publish","type":"post","link":"https:\/\/www.planhub.ca\/blog\/en\/telus-and-the-caisse-launch-terrion-canadas-largest-cell-tower-operator\/","title":{"rendered":"Telus and La Caisse launch Terrion, Canada\u2019s largest cell tower operator"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22933\" class=\"elementor elementor-22933 elementor-22923\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f3214d8 e-flex e-con-boxed e-con e-parent\" data-id=\"f3214d8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fd854f6 elementor-widget elementor-widget-text-editor\" data-id=\"fd854f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A strategic partnership is reshaping Canada\u2019s telecom infrastructure landscape. <strong data-start=\"80\" data-end=\"135\">Telus and la Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec<\/strong> (CDPQ) have finalized a major deal: la Caisse is acquiring a 49.9% stake in the newly formed cell tower operator, Terrion, for $1.26 billion, while Telus retains majority control with 50.1%.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8591ef8 e-flex e-con-boxed e-con e-parent\" data-id=\"8591ef8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bf82580 elementor-widget elementor-widget-heading\" data-id=\"bf82580\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The rise of a national leader?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-afb149e e-flex e-con-boxed e-con e-parent\" data-id=\"afb149e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-441d200 elementor-widget elementor-widget-text-editor\" data-id=\"441d200\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"0\" data-end=\"379\">This transaction, which values <strong data-start=\"31\" data-end=\"42\">Terrion<\/strong> at over $2.5 billion, instantly positions the new Montreal-based entity as Canada\u2019s largest dedicated wireless tower operator. Terrion will manage approximately 3,000 cell tower sites currently owned by Telus, located across British Columbia, Alberta, Ontario, and Quebec, covering six of the country&#8217;s seven largest metropolitan areas.<\/p><p data-start=\"381\" data-end=\"629\" data-is-last-node=\"\" data-is-only-node=\"\">The stated goal is to boost competition in Canada\u2019s wireless market. Terrion will provide wholesale access and colocation opportunities to all mobile providers, allowing them to use this critical infrastructure to expand their own network coverage.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-886b0b3 e-flex e-con-boxed e-con e-parent\" data-id=\"886b0b3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2a72b5e elementor-widget elementor-widget-heading\" data-id=\"2a72b5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A strategic alliance with wide-reaching benefits<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b386bc2 e-flex e-con-boxed e-con e-parent\" data-id=\"b386bc2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-90198c1 elementor-widget elementor-widget-text-editor\" data-id=\"90198c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"0\" data-end=\"413\">For <strong data-start=\"4\" data-end=\"13\">Telus<\/strong>, this transaction is much more than a partial asset sale. <em data-start=\"72\" data-end=\"186\">\u201cThis transformational partnership creates significant value (&#8230;) and improves connectivity for our customers,\u201d<\/em> said Darren Entwistle, CEO of Telus. The proceeds from the sale (1.26 billion dollars) will be immediately reinvested to accelerate the telecom giant\u2019s debt reduction, targeting a net debt to EBITDA ratio of 3.0 times by 2027.<\/p><p data-start=\"415\" data-end=\"684\"><strong data-start=\"415\" data-end=\"424\">Telus<\/strong> is thus refocusing on its core business, operating its advanced mobile network of which it retains full ownership of the active components, and developing innovative services. Terrion meanwhile will specialize in managing and expanding passive infrastructure.<\/p><p data-start=\"686\" data-end=\"1172\" data-is-last-node=\"\" data-is-only-node=\"\">La Caisse, a well-known pension fund manager, brings much more than capital to the table. <em data-start=\"776\" data-end=\"915\">\u201cWe are partnering with Telus to establish the country\u2019s largest tower operator an important step in strengthening digital connectivity,\u201d<\/em> emphasized Emmanuel Jaclot, Head of Infrastructure at la Caisse. Its international expertise in telecom and towers with presence in the US, Europe, and New Zealand, patient capital, and active management approach are key assets for Terrion\u2019s future growth.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-647db18 e-flex e-con-boxed e-con e-parent\" data-id=\"647db18\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-48acc0f elementor-widget elementor-widget-heading\" data-id=\"48acc0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Next steps<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2624fc1 e-flex e-con-boxed e-con e-parent\" data-id=\"2624fc1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4c0f77c elementor-widget elementor-widget-text-editor\" data-id=\"4c0f77c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The transaction, subject to customary regulatory approvals, is expected to be completed before the end of the third quarter of 2025. It reflects a global trend where telecom operators outsource the management of their passive infrastructure to focus on their services, while fostering investment and competition. Canada is thus gaining a new key player to support its digital development.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A strategic partnership is reshaping Canada\u2019s telecom infrastructure landscape. Telus and la Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (CDPQ) have finalized a major deal: la Caisse is acquiring a 49.9% stake in the newly formed cell tower operator, Terrion, for $1.26 billion, while Telus retains majority control with 50.1%. The rise of a national [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":22926,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[823,487],"tags":[495,473],"class_list":["post-22933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile-articles","category-mobile","tag-mobile","tag-telus-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Telus and La Caisse launch Terrion, Canada\u2019s largest cell tower operator | PlanHub.ca<\/title>\n<meta name=\"description\" content=\"Telus and la Caisse launch Terrion, Canada\u2019s largest cell tower operator, to boost connectivity and competition.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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