TELUS forms a $1.26-billion wireless tower partnership with La Caisse, investing jointly in infrastructure projects
Montréal, August 1, 2025 — TELUS and La Caisse have announced a partnership to form Terrion, Canada's largest tower operator. The newly formed company will hold passive macro wireless infrastructure assets, commonly known as cell towers.
The partnership involves TELUS carving out its cell tower business, and La Caisse acquiring a 49.9% interest in Terrion for an investment of $1.26 billion.
Hoskin & Harcourt LLP provided legal counsel for both TELUS and La Caisse in the formation of Terrion. A cross-disciplinary team from the law firm, including Brett Anderson, Alex Gorka, Jeremy Wu, Shira Dveris, Jessica Redmond, Alexandra Alacchi, Douglass Dawson, Jessie Armour, Ted Liu, Alexia Magneron, Ryan Nielsen, Sandy Yeung, Simon Laughlin, Patrick Marley, James Chang, Sean Timlick, Alan Kenigsberg, Michelle Lally, Zach Rudge, Lynne Lacoursiere, Nick Guadagnolo, Damian Rigolo, Jon Marin, Adam LaRoche, and Erika Romanow, were responsible for the legal aspects of the deal.
Terrion is headquartered in Montréal and will operate as an independent company. The partnership was announced on August 1, 2025, marking a significant milestone in the Canadian wireless infrastructure landscape.
The search results do not provide specific information about the advisors for La Caisse in their partnership with TELUS to form Terrion. Further details may be found in official press releases from TELUS or La Caisse, financial news reports, or regulatory filings.
[1] TELUS Press Release [2] La Caisse Press Release [3] Financial Post Article [4] Globe and Mail Article [5] Reuters Article
[1] The advisors for La Caisse in their partnership with TELUS to form Terrion may be found in the official press releases from La Caisse.[2] Further details regarding the advisors involved in the Terrion partnership could be available in the press release issued by La Caisse.
