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Lendlease forms $US400m telco towers fund

People & Companies / Latest News

Australia

Oct 21 2017

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Carolyn Cummins, The Sydney Morning Herald

Lendlease Group has expanded its footprint into the telecommunications sector with an infrastructure joint venture with SoftBank Group to develop and own $US5 billion ($6.3 billion) worth of telecom infrastructure assets in the United States.

The joint venture, to be known as Lendlease Towers, will focus on partnering with major US carriers to roll out further phases of their infrastructure expansion plans to meet growing demand for data.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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