Brookfield Asset Management completed the acquisition of the Indian operations of American Tower for $2.5bn.

Brookfield Asset Management, a private equity firm, completed the acquisition of the Indian operations of American Tower, an American real estate investment trust which owns and operates wireless and broadcast communications infrastructure, for $2.5bn. “We look forward to expanding and enhancing our existing telecom tower portfolio in India, which enables a broader array of solutions for our customers and partners. Through strategic acquisitions like ATC India, we remain deeply committed to empowering digital connectivity and transforming the telecom infrastructure landscape across the region," Arpit Agrawal, Brookfield Managing Director, Head of Infrastructure.