AMT American Tower Corporation

American Tower to Speak at the Cowen 3rd Annual Communications Infrastructure Summit

American Tower Corporation (NYSE: AMT) today announced that Steven Marshall, its Executive Vice President and President, U.S. Tower Division, is scheduled to deliver a keynote presentation at the Cowen 3rd Annual Communications Infrastructure Summit in Boulder, Colorado on Tuesday, August 8, 2017, at 12:25 p.m. MT. The live audio webcast link will be available on the Company's website.

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 approximately 148,000 communications sites. For more information about American Tower, please visit www.americantower.com.

EN
31/07/2017

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Reports on American Tower Corporation

David Barden
  • David Barden

American Tower 4Q25 Quick Take: Consensus couldn’t get DISH right for ...

AMT (Buy, PT $203) reported 4Q25 results. We continue to view AMT as the best-growing, least-levered, best-positioned stock in the group. 4Q was generally ahead on all metrics. Guidance is bit of a mess with consensus largely having included DISH while there are 2 larger than anticipated factors moving in opposite directions in the form of FX (+) and straight line (negative, but non-cash). This note is our instant read on the result vs. both us and consensus.

David Barden
  • David Barden

Not unexpectedly, SATS defaults on AMT leases – We quantify the readth...

AMT (Buy, PT $203), after the close today, shared that SATS has defaulted on its tower lease agreement payments. This was unsurprising following a similar revelation from CCI (Neutral, PT $93) on 1/12/26 (see our note). AMT says this action will have no impact on 2025 results. AMT did not mention the value of the remaining payments, but we assume it is similar to the ~$3.5bn (undiscounted) CCI cited.

David Barden
  • David Barden

Towers & interest rates, the biggest moving parts

Given recent news around future interest rate actions by the Fed, we performed a sensitivity analysis to better understand potential AFFO per share implications for each of the three major tower companies. Based on a detailed, tranche by tranche debt analysis, SBAC (Neutral, PT $212) has the largest near-term exposure given its short-term refinancing needs. CCI (Neutral, PT $93) has limited exposure given that we expect its debt reduction using proceeds from its small cells and fiber business sa...

David Barden
  • David Barden

Towers 4Q25 Estimates & Ratings Refresh

The last 3 months have seen substantial tower price dislocation catalyzed by news that SATS intends to invoke contractual clauses and stop paying the tower industry for current leases. We highlight some key industry developments impacting sentiment and preview 4Q results based on our catch-up conversations with the companies in recent weeks.

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: November 8, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

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