Canadian telco Quebecor has stated that it has no interest in selling off its tower infrastructure.

In an earnings call last week, the company's CEO Pierre Karl Péladeau said that there are no plans to spin off the assets in the same way that domestic rival Telus has.

Telus struck a deal to spin off its telecom tower infrastructure earlier this month, which will see La Caisse acquire a 49.9 percent interest in the newly formed Canadian wireless tower infrastructure operator Terrion for CA$1.26 billion ($870 million).

In April, another Canadian telco, Rogers, sold a 49.9 percent stake worth CA$7 billion (US$4.9bn) in its wireless network business to Blackstone.

When asked during the earnings call if Quebecor, which offers mobile services via Videotron and Fizz, would follow suit, Péladeau said the company isn't interested.

"We don’t need to impair our future free cash flows with additional interest costs from Byzantine financial engineering structure,” said Péladeau.

He described the tactic used by Telus as a "quick fix," and said that a decision to do so could be costly long-term for Quebecor, if it has to pay to access infrastructure.

The move to carve out tower infrastructure assets has become a popular one for telcos across the US and in Europe.

Péladeau isn't the only telco CEO to dismiss these opportunities, with Orange chief executive Christel Heydemann previously calling the flurry of sales from European operators "weird."

For the quarter, Quebecor reported revenues of CA$1.38 billion ($1bn), slightly down from last year's CA$1.39bn ($1.01bn).

The company added 72,000 net wireless subscribers in the quarter, but lost 3,200 Internet cable subscribers during the second quarter.