Data Infrastructure Trust
Data Infrastructure Trust is a Brookfield-sponsored Indian InvIT that owns and operates telecom tower infrastructure, generating recurring rental income from telecom operators such as Bharti Airtel. Following the 2024 acquisition of ATC India, its combined 257,000-site Altius platform is India's largest telecom tower portfolio.
- Company typePrivate
- Founded2024
- HeadquartersMumbai, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Data Infrastructure Trust does
Data Infrastructure Trust is an Indian infrastructure investment trust (InvIT) listed on the Bombay Stock Exchange (bom:543225) and sponsored by Brookfield Asset Management. The trust owns and operates a portfolio of telecom tower infrastructure assets, generating recurring rental income from telecom operators such as Bharti Airtel that host their network equipment on the trust's sites pursuant to long-term master lease agreements. As an InvIT structure, the trust distributes a significant portion of its net cash flows to unit holders.
The trust's core technology is passive telecom infrastructure — communications sites, towers, and related digital infrastructure assets — rather than software or active network equipment. In September 2024, a Brookfield-led consortium including Data Infrastructure Trust, BCI, and GIC completed the acquisition of 100% of American Tower Corporation's Indian operations (ATC India) for an enterprise value of INR 182 billion (~$2.2-2.5 billion), comprising approximately 76,000 communications sites. These assets were combined with the trust's existing Summit Digitel and Crest Digitel portfolios under the unified Altius brand, creating a combined platform of 257,000 telecom sites — the largest telecom infrastructure platform in India and the largest globally ex-China.
The business model is B2B infrastructure leasing with subscription-style recurring rental contracts negotiated directly with telecom operators. The trust operates as an operator-agnostic shared infrastructure provider, enabling telecom operators to reduce capital expenditure and operating costs by outsourcing passive network assets. The customer base is concentrated among India's major telecom operators, with Bharti Airtel explicitly named as a major tenant following the ATC India acquisition. The trust is headquartered in Mumbai, India, with 501-1,000 employees, and reaches the broader financial community through its public InvIT unit listing.
Data Infrastructure Trust firmographics
Firmographics- Name
- Data Infrastructure Trust
- Legal name
- Data Infrastructure Trust
- Website
- https://datainfratrust.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Data Infrastructure Trust is a Brookfield-sponsored Indian InvIT that owns and operates telecom tower infrastructure, generating recurring rental income from telecom operators such as Bharti Airtel. Following the 2024 acquisition of ATC India, its combined 257,000-site Altius platform is India's largest telecom tower portfolio.
- Ownership category
- akta.pro rank
Data Infrastructure Trust industry classification
Industry- Product category
- Telecom Tower Infrastructure
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Communications Services, Nec (4899), Services-Miscellaneous Equipment Rental & Leasing (7350)
- akta.pro primary industry
- Real Assets — Digital Infrastructure (Data Centers, Fiber, Towers) (FSAHAIAF)
Keywords
Where Data Infrastructure Trust is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
Data Infrastructure Trust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel
Revenue model
- Tower Rental Income: Data Infrastructure Trust generates recurring rental income from telecom operators (such as Bharti Airtel) for hosting their network equipment on tower infrastructure. As an InvIT, the trust distributes a significant portion of its net cash flows to unit holders.
Distribution channels1 record
Data Infrastructure Trust product offering
Product offeringCore offering
Data Infrastructure Trust is an infrastructure investment trust that owns and operates passive telecom tower infrastructure assets across India. It provides telecom operators with shared communications sites, towers, and related digital infrastructure for hosting their network equipment, along with associated operations and maintenance services, generating recurring rental income under long-term contracts.
Product overview
Data Infrastructure Trust is a Brookfield affiliate and infrastructure investment trust that acquired American Tower Corporation's Indian operations (ATC India), forming part of a combined platform with Summit Digitel and Crest Digitel under the Altius brand. The company owns and operates telecom tower infrastructure assets in India.
Differentiator
Problem solved
Functional benefit
Products and services
- Telecom Tower Infrastructure Leasing Passive telecom tower infrastructure hosting services provided to telecom operators (including Bharti Airtel) on a long-term lease basis for the deployment of antennas, radio equipment, and backhaul connectivity across India. The combined Altius platform is the largest telecom tower portfolio in India and the largest ex-China globally.
- Operations and Maintenance Services for Tower Infrastructure Operations and maintenance services for the trust's portfolio of communications sites and towers, supporting uptime and reliability for telecom operators' hosted network equipment across India.
Companies that use Data Infrastructure Trust
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Data Infrastructure Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Data Infrastructure Trust partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- American Tower Corporation (ATC)coreAmerican Tower Corporation sold 100% of its Indian operations to the Brookfield-led consortium including Data Infrastructure Trust for approximately $2.5 billion (INR 182 billion). The transaction comprised approximately 76,000 communications sites and was approved by the Competition Commission of India.
- Summit DigitelcoreSummit Digitel was an existing Brookfield-owned tower portfolio that was combined with ATC India's ~76,000 sites and Crest Digitel to form the unified Altius platform, creating the largest telecom tower portfolio in India with 257,000 sites.
- Crest DigitelcoreCrest Digitel was combined with ATC India's ~76,000 sites and existing Summit Digitel assets to form the unified Altius brand, creating the largest telecom tower portfolio in India with 257,000 sites.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Data Infrastructure Trust competitors and assessment
Company assessmentDirect peers
- Indus Towers: Indus Towers is an India-focused telecom tower infrastructure company that leases passive tower space to mobile operators. It directly matches the subject's Indian footprint, B2B customer base, and recurring tower-rental model.
- Tower Vision India: Tower Vision India is an independent Indian tower infrastructure provider serving telecom operators with shared sites. It is a direct domestic analogue for operator-agnostic tower ownership and carrier leasing.
- American Tower Corporation: American Tower is a global communications infrastructure REIT that owns and operates towers and leases space to wireless operators. It is a close pure-play tower analogue, and its Indian operations were acquired by the Brookfield-led consortium.
- IHS Towers: IHS Towers owns and operates shared telecom sites across multiple international markets. Its tower ownership, carrier tenancy, and recurring infrastructure-lease model are directly comparable despite a different geographic mix.
- Cellnex Telecom: Cellnex is a major European telecom infrastructure operator with a large portfolio of towers and related sites serving mobile operators. It closely matches the subject's asset-heavy, long-term infrastructure leasing model.
- SBA Communications: SBA Communications is a tower-focused communications infrastructure company that owns and leases sites to wireless carriers. Its passive tower ownership and recurring rental revenue make it a close public-market analogue.
- Vantage Towers: Vantage Towers is a European tower operator that leases passive infrastructure to mobile network operators. Its tower portfolio and carrier-tenant business model are directly comparable to Data Infrastructure Trust's.
- Phoenix Tower International: Phoenix Tower International develops, owns, and operates communications sites for wireless operators. It is comparable in tower operations and carrier leasing, although its portfolio is more geographically diversified.
Broad incumbents
- Crown Castle: Crown Castle is a communications infrastructure REIT with towers, fiber, and small-cell assets serving wireless customers. Its tower ownership and operator leasing overlap, while its broader infrastructure mix makes it a broad incumbent peer.
Regional players
- Edotco Group: Edotco is an Asia-focused digital infrastructure company providing shared telecom towers and related infrastructure. It is a strong regional analogue for an operator-agnostic tower platform serving multiple carriers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Data Infrastructure Trust social profiles
Digital presenceData Infrastructure Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
Data Infrastructure Trust leadership team
Management profileNumber of profiles
Profiles1 record
Data Infrastructure Trust funding detail
Funding detailFunding overview
Funding rounds7 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Data Infrastructure Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Data Infrastructure Trust
What does Data Infrastructure Trust do?
Data Infrastructure Trust is an infrastructure investment trust that owns and operates passive telecom tower infrastructure assets across India. It provides telecom operators with shared communications sites, towers, and related digital infrastructure for hosting their network equipment, along with associated operations and maintenance services, generating recurring rental income under long-term contracts.
Is Data Infrastructure Trust a public or private company?
Data Infrastructure Trust is a private company. It is classified as public and is currently operating.
When was Data Infrastructure Trust founded?
Data Infrastructure Trust was founded in 2024. It employs 1,001 to 5,000 people.
Where is Data Infrastructure Trust based?
Data Infrastructure Trust is headquartered in Mumbai, India, in the Asia region.
How does Data Infrastructure Trust make money?
One revenue line is on record: tower Rental Income.
Who are Data Infrastructure Trust's main competitors?
Direct peers on record are Indus Towers, Tower Vision India, American Tower Corporation, IHS Towers, Cellnex Telecom, SBA Communications, Vantage Towers and Phoenix Tower International. Crown Castle is listed as a broad incumbent. Edotco Group is listed as a regional player.
Does Data Infrastructure Trust have an API?
No public API is recorded for Data Infrastructure Trust.
What industry is Data Infrastructure Trust in?
Data Infrastructure Trust's product category is Telecom Tower Infrastructure. Its primary akta.pro industry code is FSAHAIAF, Real Assets — Digital Infrastructure (Data Centers, Fiber, Towers). Its NAICS code is 525 and its SIC code is 4899.