Canada-based Brookfield’s Data Infrastructure Trust (DIT) will acquire the Indian operations of American Tower Corporation (ATC) for an enterprise value of $2 billion. The deal includes 78,000 sites across India. This marks Brookfield’s third acquisition in the Indian telecom sector, following purchases in 2022 and 2020. The transaction, subject to regulatory approvals, is expected to close in the second half of 2024. Brookfield aims to expand its existing telecom tower portfolio, contributing to digital connectivity and transforming the regional telecom infrastructure landscape. In India, Brookfield manages around $25 billion in assets across various sectors.