Quebecor says it has no plans to sell off its cellphone towers, pushing back on a trend that’s gaining popularity in the telecom world—especially after Telus struck a major deal last week.

CEO Pierre Karl Péladeau made it clear during the company’s earnings call that selling infrastructure to raise cash isn’t part of Quebecor’s plan. “We don’t need to impair our future free cash flows with additional interest costs from Byzantine financial engineering structure,” he said on its earnings call on Thursday, reports the Canadian Press.

Last week, Telus announced it sold nearly half of its cell tower business—49.9%—to Quebec’s pension fund manager , the Caisse de dépôt et placement, for $1.26 billion. While it’s the first move of its kind in Canada, it’s a common approach in the U.S. and Euro

See Full Page