Project

TPG Tower Sale

PROJECT STATUS
Awarded
TPG Tower Sale

TPG Telecom will sell 100 per cent of its passive mobile tower and rooftop infrastructure to OMERS Infrastructure Management. The sale comprises 1,237 tower asset sites, which includes 428 towers and 809 rooftops, representing 21 per cent of TPG Telecom’s total mobile network footprint. TPG Telecom will retain ownership of all radio access network infrastructure.

Key Dates

May 2022 Contract Award

Procurement

Procuring Agency: TPG Telecom
Successful Tenderer: OMERS Infrastructure Management

PROJECT HISTORY

May 2022 TPG Telecom announced it had entered into an agreement to sell 100 per cent of its passive mobile tower and rooftop infrastructure to OMERS Infrastructure Management for $950 million.
Estimated Total Cost
(2022)
Sector
Telecom
Procurement approach
Brownfield transaction |
Location
National |
Resources
Media releases
2022/05/09