AMT American Tower Corporation

American Tower Corporation Releases Information Regarding its Business with Sprint and T-Mobile US

American Tower Corporation (NYSE: AMT) today released information about its business in light of the proposed merger between Sprint and T-Mobile US For the quarter ended December 31, 2017, Sprint and T-Mobile US each accounted for approximately 8% of American Tower’s consolidated property revenues.

For the quarter ended December 31, 2017, on sites where both companies had separate leases for antenna space, the revenue generated from Sprint represented approximately 4% of American Tower’s consolidated property revenues and the revenue generated from T-Mobile US represented approximately 3% of American Tower’s consolidated property revenues. The average remaining non-cancellable current lease term on these sites with Sprint and T-Mobile US is approximately three to four years.

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 160,000 communications sites. For more information about American Tower, please visit www.americantower.com.

EN
30/04/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on American Tower Corporation

American Tower Corporation: Key facts and statistics - LTM September 2...

A summary company profile, detailing AMT’s business operations and financial highlights.

Jonathan Chaplin
  • Jonathan Chaplin

The future of mobility and convergence – Day One

We just wrapped up the first day of the BCG and New Street Research Future Series conference, which this year is focused on the Future of Mobility and Convergence in the Era of AI . The first day featured discussions with American Tower, AWS, Cohere, Ericsson, IHS Towers, Microsoft, OpenAI, Qualcomm, Rakuten Symphony, T-Mobile, Verizon, and Veon.

American Tower Corporation: Update to credit analysis

Our credit view reflects the issuer's strong cash flows and global diversification, offset by higher financing costs and tenant concentration.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

American Tower Corporation: Update to credit analysis

Our credit view of this issuer reflects its global scale and strong demand drivers supporting growth of its tower business, offset by high leverage and historic appetite for M&A.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch