American Tower Corporation is a leading global real estate investment trust that focuses on owning, operating, and developing multi-tenant communications real estate
The company primarily provides essential infrastructure for wireless communication services by managing a vast portfolio of cell towers and other communication sites. By facilitating connectivity and enhancing network coverage for telecommunications providers, American Tower plays a crucial role in supporting the growth of mobile communication technologies, including 4G, 5G, and beyond. Additionally, the company is involved in the leasing of space on these structures to various telecommunications companies, helping to ensure seamless communication for consumers and businesses alike.
American Tower Corporation (NYSEAMT) announced today that the press announcement of its fourth quarter and full year 2024 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, February 25, 2025. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on February 25, 2025 to discuss its results.
American Tower Corporation (NYSEAMT) today announced year-end tax reporting information for its 2024 distributions. Stockholders are urged to consult with their personal tax advisors as to their specific tax treatment.
CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSEAMT) (“American Tower”), will participate in the upcoming Pacific Telecommunications Conference 2025 January 19-22 at the Hilton Hawaiian Village Waikiki Beach Resort in Honolulu, Hawaii. The annual PTC event provides a strategic springboard to focus on planning, networking and discovering what lies ahead for the digital infrastructure, information and communication technology, and telecommunications industries.
American Tower Corporation (NYSEAMT) announced today that Eugene (“Bud”) Noel, currently Executive Vice President and President of the U. S. Tower Division, will become Executive Vice President and Chief Operating Officer, a newly created global position, effective January 13, 2025. This role will oversee American Tower’s global operations and IT, further effectuating the Company’s strategic priorities to drive operational efficiency and provide best-in-class service to its global customer base.
American Tower Corporation (NYSEAMT) announced that its Board of Directors declared a quarterly cash distribution of $1.62 per share on shares of the Company’s common stock. The distribution is payable on February 3, 2025 to the stockholders of record at the close of business on December 27, 2024.
American Tower Corporation (NYSEAMT) today announced that Rod Smith, its Executive Vice President, Chief Financial Officer and Treasurer, is scheduled to present at the UBS Global Media and Communications Conference on Tuesday, December 10, 2024, at 12:45 p.m. ET in New York, New York. A live webcast link for the event will be available on the Company's website.
The main indices and many stocks peaked at overbought levels early last week, but many stocks still have room for deeper pullbacks to Key Levels. We’ll soon enter the Post-Earnings phase, though short-term choppiness is likely.
American Tower Corporation (NYSEAMT) today announced the pricing of its registered public offering of senior unsecured notes due 2030 and 2035 in aggregate principal amounts of $600.0 million and $600.0 million, respectively. The 2030 notes will have an interest rate of 5.000% per annum and are being issued at a price equal to 99.622% of their face value. The 2035 notes will have an interest rate of 5.400% per annum and are being issued at a price equal to 99.455% of their face value.
