Private equity firms are pushing further into the telecom space - Business Insider

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Brookfield Infrastructure bought a 93% stake in Wireless Infrastructure Group — and it illustrates the large growth opportunity private equity firms see in connectivity:

that global operator revenues and investments will jump by $110 billion between 2018 and 2025, to reach $1.14 trillion. Buying up divested tower assets is likely attractive to companies like Brookfield as they represent an opportunity to garner steady revenue from ongoing rental payments. a 30-year agreement to be the anchor tenant of the tower assets it sold to Brookfield.

Telecoms wanting to sell off assets to cut debt could find willing buyers in firms like Brookfield. Telecoms are looking for ways to reduce debt as they spend big to expand their offerings with new services. For instance, US telecom AT&T

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