Australia's TPG Telecom to sell mobile tower assets to Canada's OMERS for $670m

Australia's TPG Telecom to sell mobile tower assets to Canada's OMERS for $670m

Photographer: Marc Hill/Bloomberg

Australian broadband services provider TPG Telecom Ltd. said on Monday it will sell its passive mobile tower and rooftop infrastructure assets to Canada’s OMERS Infrastructure Management for A$950 million ($670 million).