Roschier represents Telia in the expansion of the tower partnership with Brookfield and Alecta
Communications services company Telia sells 49% of its towers infrastructure business in Sweden for SEK 5,500 million, to the funds managed by alternative asset manager Brookfield and the manager of Swedish occupational pension plans Alecta. Roschier advises Telia in the transaction.
The transaction is subject to customary regulatory approvals and closing is expected in the third quarter of 2022. The transaction expands the strategic partnership between Telia, Brookfield and Alecta regarding the mast assets in the Nordics. In a previous transaction, completed on 29 December 2021, Brookfield and Alecta acquired 49% of Telia’s towers infrastructure business in Norway and Finland for EUR 722 million.
Brookfield and Alecta are two of the largest owners and operators of real assets in their respective regions. Combined, they have more than USD 650 billion of assets under management, a relevant global data infrastructure platform and deep ties to the Nordic region.