Brookfield InvIT expects data to drive revenue

Tower Infrastructure Trust, an infrastructure investment trust (InvIT) owned by Canadian financial powerhouse, Brookfield, is planning to change its name to Data Infrastructure Trust so as to increase the future business possibilities of the Trust.

The InvIT said the Trust would have a broader scope under the name “Data” which would be more reflective of the overall business profile of the Trust assets in the future, it said in a filing with the stock exchanges.

At the same time, the InvIT which owns 100 per cent equity in Summit Digital Infrastructure Private Limited (SDIPL) formerly known as Reliance Jio Infratel Private Limited, will be converted from a private company to a public limited company.