Welcome to our dedicated page for American Tower news (Ticker: AMT), a resource for investors and traders seeking the latest updates and insights on American Tower stock.
American Tower Corporation (AMT) operates as a global leader in wireless communications infrastructure, providing essential cell tower and data center assets that power modern connectivity. This news hub offers investors and industry observers a centralized resource for tracking the REIT's strategic developments and market position.
Our curated collection features official press releases and third-party analysis covering network expansion projects, tower leasing agreements, and data center operations. Users can monitor critical updates including regulatory filings, technology partnerships, and international market entries that shape the company's role in global telecommunications infrastructure.
The repository serves as a strategic monitoring tool for tracking AMT's operational footprint across 25+ countries and its responses to evolving 5G deployment demands. Content is organized to highlight infrastructure investments, tenant diversification efforts, and capital allocation strategies fundamental to understanding this REIT's performance drivers.
Bookmark this page for streamlined access to verified updates about American Tower's tower portfolio growth, spectrum technology adaptations, and sustainability initiatives within the communications infrastructure sector.
American Tower Corporation (NYSE: AMT) announced plans to offer 8,350,000 shares of common stock in a public offering connected to financing the acquisition of CoreSite Realty Corporation, finalized in December 2021. The company also plans to grant underwriters an option for an additional 835,000 shares. Proceeds from the offering will be used to repay existing debt under a $3.0 billion unsecured term loan linked to the acquisition. J.P. Morgan leads the offering, with several banks acting as joint managers.
American Tower Corporation (NYSE: AMT) has joined the United Nations Global Compact (UNGC) and adopted the Women's Empowerment Principles to enhance its commitment to sustainability, human rights, and gender equality. CEO Tom Bartlett emphasized the integration of these principles into company culture and operations. American Tower has invested approximately $300 million in energy-efficient solutions, including solar power. The company aims to increase female representation in leadership, achieving 38% on its Board of Directors in 2022. For more details, visit www.americantower.com.
CoreSite, a subsidiary of American Tower Corporation (NYSE: AMT), announced its executives will participate in Connect (X) 2022 from May 23-26 in Denver. The event focuses on the 5G supplier ecosystem, addressing infrastructure needs for carriers and enterprises. Key executives, including Ben Green and Brian Eichman, will lead discussions on critical topics like data center opportunities and cloud-native networks. The conference aims to unite industry players to explore advancements necessary for achieving universal 5G connectivity.
American Tower Corporation (NYSE: AMT) has announced its participation in several investor conferences. Key dates include:
- May 23, 2022, 10:00 AM ET – J.P. Morgan 50th Annual Global Technology, Media and Communications Conference with CFO Rod Smith.
- May 24, 2022, 11:00 AM ET – Morgan Stanley Global Towers Symposium, also with Rod Smith.
- May 24, 2022 – RBC Capital Markets Global Communications Infrastructure Conference, featuring Olivier Puech and Steve Vondran.
- June 8, 2022, 1:15 PM ET – Nareit’s REITweek: 2022 Investor Conference with Rod Smith.
Webcasts will be available on the company's investor relations page.
American Tower Corporation (NYSE: AMT) announced that Adam Smith, Senior Vice President of Investor Relations, will present at the 9th Annual MoffettNathanson Media & Communications Summit in New York City on May 18, 2022, at 3:00 p.m. ET. A live audio webcast will be available on the company's website. As one of the largest global REITs, American Tower manages approximately 221,000 communications sites and a vast network of U.S. data center facilities.
CoreSite, a subsidiary of American Tower (NYSE: AMT), has announced enhancements to its Open Cloud Exchange (OCX) platform, aimed at optimizing cloud connectivity and performance. Key service upgrades include automated provisioning in AWS and Microsoft Azure, and enhanced cloud-to-cloud communication through CoreSite’s virtual routers. These improvements address critical digital business needs as demand for secure cloud access rises. CoreSite continues to innovate and plan further service expansions, underscoring its commitment to support diverse customer requirements.
CoreSite, a subsidiary of American Tower (NYSE: AMT), is enhancing City of Hope National Medical Center’s digital connectivity through its Santa Clara SV7 data center. This partnership aims to improve cancer care by providing secure, low-latency hybrid IT solutions, including colocation services and access to the CoreSite Open Cloud Exchange. By reducing costs associated with data management, City of Hope can allocate more resources towards patient care and research.
American Tower Corporation (NYSE: AMT) reported a robust start to 2022 with a 23.2% increase in total revenue, reaching $2,660 million for Q1. Property revenue surged 22.1% to $2,601 million, while net income rose 7.7% to $703 million. Adjusted EBITDA saw a 12.8% increase to $1,624 million. AFFO attributable to AMT common stockholders grew 6.1% to $1,167 million. With strong Organic Tenant Billings Growth and strategic acquisitions, AMT aims for continued growth driven by 5G deployment and enhanced infrastructure.
CoreSite, a subsidiary of American Tower (NYSE: AMT), will participate in the NAB Show 2022 from April 23-27 in Las Vegas. The company aims to showcase its hybrid IT solutions for the media sector. CoreSite will be at Booth W8203 and co-sponsoring a networking event with tech leaders including Microsoft and NVIDIA on April 26. Senior Director Bradley Greenberg will speak on future workflows at the event. The CoreSite Los Angeles data center, known for its connectivity, supports broadcasters and tech firms in rapidly transferring heavy files, crucial for monetization in media.