<div id="readability-page-1"><div><p>(MT Newswires) -- Telus (TU) said Thursday it closed the sale of a 49.9% stake in its wireless tower operator, Terrion, to Canadian pension fund La Caisse for about CA$1.26 billion ($908 million)</p><p> The deal values Terrion, which operates nearly 3,000 wireless tower sites across Canada, at more than $2.5 billion, Telus said.</p><p>Telus added that it will retain majority ownership of Terrion.</p></div></div>

<p>(MT Newswires) -- Telus (TU) said Thursday it closed the sale of a 49.9% stake in its wireless tower operator, Terrion, to Canadian pension fund La Caisse for about CA$1.26 billion ($908 million) The deal values Terrion, which operates nearly 3,000 wireless tower sites across Canada, at more than $2.5 billion, Telus said. Telus added that it will retain majority ownership of Terrion.</p>

Telus Closes Sale of 49.9% Stake in Terrion to La Caisse