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 (NYSE: AMT) is one of the largest global REITs and an independent owner, operator and developer of multitenant communications real estate. News about AMT often highlights developments across its extensive portfolio of communications sites and its U.S. data center footprint operated through CoreSite, an American Tower company.
Investors following AMT news can expect regular updates on quarterly financial results, capital allocation decisions and financing activities. Recent press releases have covered third quarter financial performance, including growth in total revenue, property revenue, Adjusted EBITDA and AFFO, as well as commentary on how the company’s digital infrastructure portfolio benefits from rapid growth in global data demand and robust leasing activity across U.S. and international towers.
American Tower news also includes announcements about its data center operations. CoreSite has reported milestones such as the launch of the NY3 data center in the New York metropolitan area, construction progress on the DE3 data center in Denver and AI-optimized deployments at its CH2 facility in Chicago. These updates illustrate how American Tower’s data center segment supports AI, high-density and hybrid-cloud workloads through interconnected campuses and cloud connectivity.
Corporate governance and strategic relationship news is another focus. The company has announced new Board appointments, such as the election of Gene Reilly, and disclosed executive transitions. It has also reported on legal and customer matters, including an agreement with AT&T Mexico regarding previously withheld tower rents. In addition, American Tower regularly communicates its participation in investor conferences and earnings calls.
For investors and analysts, the AMT news stream provides insight into operating trends across communications sites and data centers, capital markets activity, dividend declarations and the company’s approach to managing its global digital infrastructure platform.
CoreSite, a hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT), has announced its expansion into Atlanta and Orlando. This involves integrating three American Tower assets into CoreSite's data center ecosystem, adding over 250,000 square feet of data center space. The facilities will enhance interconnection solutions and offer access to CoreSite's Open Cloud Exchange for secure connections with major cloud service providers. This expansion increases CoreSite's total to 27 data centers in 10 markets, providing a stronger infrastructure for businesses needing reliable connectivity.
American Tower Corporation (NYSE: AMT) has priced its public offering of 8,350,000 shares at
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.
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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.
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