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Tuesday, March 2, 2021

Canadian pension fund CDPQ to invest up to $317 million in Brazil fiber network with Telefonica

According to a securities filing, Caisse de depot et placement du Quebec (CDPQ) will invest up to 1.8 billion reais ($317 million) in the venture, receiving a 50% voting share. Telefonica Brasil will have a 25% voting stake, while Telefonica Infra, another subsidiary of the Spanish company, will have the remaining 25% share.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3kG2ouO

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