
Connexa Timeline
Following regulatory approvals, CDPQ and Ontario Teachers’ Pension Plan become co-controlling shareholders of Connexa, each with a 50% equity stake
Connexa announces global investment group CDPQ will acquire a 33% stake in Connexa from OTPP, as well as Spark New Zealand’s entire 17% stake - subject to regulatory approvals
Connexa acquires ATC New Zealand, expanding Connexa’s property interests by over 110 sites
Connexa completes transaction to acquire 1124 mobile towers from 2degrees with an additional new tower build and co-location commitment of 450 sites.
Ontario Teachers Pension Plan (OTPP) completes transaction with Spark and “Spark TowerCo” acquires 1267 towers with a forward build commitment of 670 towers over 10 years.
Spark announces sale of 70% of their passive tower network to Ontario Teachers Pension Plan (OTPP), subject to regulatory approvals.