| May 27, 2026 | debt_offering | American Tower Corporation completed a public offering of €750M of 4.000% senior unsecured notes due 2033. |
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| May 21, 2026 | management_change | Stockholders elected eleven directors and approved the 2026 Equity Incentive Plan on May 20, 2026. |
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| May 19, 2026 | debt_offering | American Tower priced a €750.0 million offering of 4.000% senior unsecured notes due 2033. |
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| Apr 28, 2026 | Guidance: capital_improvement_capital_expenditures | 165.00 to 175.00 |
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| Apr 28, 2026 | Guidance: communications_sites_constructed | 1700.00 to 2300.00 |
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| Apr 28, 2026 | Guidance: corporate_capital_expenditures | 15.00 to 15.00 |
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| Apr 28, 2026 | mda_quarterly | AMT, a global REIT and leading owner/operator of multitenant communications real estate, reported a 7% increase in total revenue to $2,737.5 million for the quarter, driven by strong growth (13-22%) across its Africa & APAC, Europe, Latin America, and Data Centers segments. This was partially offset by a 3% decrease in U.S. & Canada property revenue, largely due to $25.2 million in churn from DISH Wireless. DISH, representing 2% of 2025 total property revenue, is in default of its Strategic Collocation Agreement, leading to $17.5 million in impairment charges and 100% of its revenue being churned from January 1, 2026.
A significant legal dispute with AT&T Mexico, a $300 million tenant in 2025, resulted in $10 million in Q1 2026 reserves, despite an escrow agreement now covering most withheld rents. Net income surged 76% to $878.5 million, boosted by foreign currency gains. Adjusted EBITDA rose 5% to $1,835.2 million, and AFFO increased 3% to $1,324.1 million. The company maintains robust liquidity of $10.4 billion and generated $1,400.6 million in operating cash flow. Capital expenditures totaled $459.9 million in Q1, with a full-year projection of $1.8-$1.91 billion for data centers and new communications sites. AMT also repurchased $183.7 million of common stock and repaid $1.2 billion in maturing senior notes. |
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| Feb 24, 2026 | business | American Tower Corporation (AMT) operates as a global real estate investment trust (REIT), specializing as a leading independent owner, operator, and developer of multitenant communications infrastructure. Its core business, property operations, involves leasing space on a vast portfolio of communications sites, including towers, distributed antenna system (DAS) networks, and managed rooftop locations. Key customers are wireless service providers, broadcast companies, wireless data providers, and government agencies. Additionally, AMT owns and leases space within highly interconnected data center facilities in the United States, serving enterprises, network operators, and cloud providers.
Complementing its leasing activities, AMT offers tower-related services, predominantly in the U.S., such as site application, zoning, permitting, structural analyses, and construction management, directly supporting its site leasing business. The company benefits from its REIT status, which generally exempts its REIT-qualified income from U.S. federal income taxes, though its domestic taxable REIT subsidiaries and extensive international operations across North America, Africa, Asia-Pacific, Europe, and Latin America are subject to local taxation. A notable concentration risk is present, with 59% of current-year revenues generated from just four customers. |
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